And Then There’s This…Thursday, May 22nd, 2008
May 22nd, 2008 | By Ed Steer | Category: Gold MarketBoth gold and silver in the Far East didn’t do a thing until London opened for business on Wednesday morning.
Both gold and silver in the Far East didn’t do a thing until London opened for business on Wednesday morning.
Oil spiked up over $117 a barrel again today after an attack on a Japanese oil tanker off the coast of Yemen.
The oil market is jumpy with nearly any kind of dissruption causing higher prices. Gary White sees oil at $125 any day now.
Meanwhile, Black Bear, in Taipan Daily, thinks that there is a good opportunity in natural gas which has yet to spike as much as crude oil and is due for sharp increases.