who can explain action in oil and gold

H_T

Oil has been surprisingly strong lately.  Today gold dropped , yet oil is still very strong. Trying to come up with possible reasons but none makes total sense.

- ECB printing , but gold should go up too if QE is coming down the pipe
- War in middle east?  but gold should go up too

scratching my head and hopefully smart guys on this forum can solve the puzzle.

猎人

听听看Jim Rogers是怎样解释的：“The Brent and Nymex crude have seen premium narrow from a record $26 per barrel. Would you see the pattern continuing?

The surprise for crude is that how high the price is going to stay and how high it is going to go. The world's known reserves of oil are on decline. The International Energy Agency is going around the world every month begging people to listen that we are running out of known reserves of oil.
I continue to own oil. I am not thinking about selling it. I know it is going to go much higher over the decade. If somebody suddenly goes bankrupt, if Spain suddenly surprises us and goes bankrupt, everything would go down for a while, but you better jump in and buy if that happens.

The opinion for crude prices in the near term is actually split right in the middle. There are 50% who believe that crude will go back to 80, there are 50% who believe that crude will go to 120. What are your thoughts?

It depends on what happens in the world. As I said if Spain goes bankrupt, the oil would go to 50. If Iran and Israel go to war tomorrow, it would to go 200 straightaway. It depends on what happens in current events looking around the world, but basically the shortage of crude oil gets worse and worse and the price is going to go much higher. ”

http://articles.economictimes.in ... old-gold-and-silver

goldbug

A synthetic and syncronized QE by all central banks is coming soon (after the deflation scare near term).  Oil 150-200, gold 2500-3000

benbendan

同问

silicon_beaver

Possible reasons:
1. Iran war (pending). A political reason.
2. Economy recovery. oil consumption goes higher. present market supports this forecast.
3. lower dollar. printing money or QE3 will cause this unless you rule out both.

In a word, oil is US因素 only.

benbendan

想明白了，墙街想涨

eiknarf

外媒：伊朗核问题急剧升温 战争能否打响？
还有什么原因呢？