Crude oil chase Gold

[TFWFalcon]

Gold raise ten point this morning. I was talk with trader in FX chat room and guy said gold will hit 800.00 price in this late fall or early winter. I said whoa but wait see maybe he is wrong but hard to tell will keep high price or fall price down.

Here gold chart

Crude oil raise one dollars and now m ove to near 71.00. I think crude oil will hit 80-85 maybe higher than 90.00. who know.

Here crude oil chart

 

[sequoias]

Who cares about crude oil and gold. Water is more valuable than gold and crude oil, without it...we all die! I HATE crude oil for fuel! I read somewhere that electric cars WERE popular than gasoline powered cars in late 1800's until Henry Ford sold lot of cars that run on gasoline. The electric cars didn't have good range and was expensive to replace the batteries, I see that electric cars haven't improved much since the late 1800's. Still have short ranges and expensive batteries. Why? It's because of the oil prevented people focus more on electric cars.