TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: More on PFS 13f-hr

Re: Oil crisis

in response to by
posted on May 06, 2008 05:45PM

Gold and Oil have a historical connection and usually go up and down together (Energy is about 1/3 the cost of minning). The ratio should be about 10 to 1 so at $120.00 oil gold should be at $1200.00 oz. At the current time either oil is too expensive or gold is too cheap.

I think gold is too cheap and will have to play catch up later.



Share
New Message
Please login to post a reply