Replies to Msg. #642417
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 Msg. #  Subject Posted by    Board    Date   
34224 Re: Oil looks ominously like gold trade
   "...oil, which was a major factor in the collapse of 2008...[u]is hold...
fizzy   ROUND   03 Aug 2011
5:10 PM
34222 Re: Oil looks ominously like gold trade
   How can it be a double dip recession when we have yet to recover from...
clo   ROUND   03 Aug 2011
5:01 PM

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Oil looks ominously like gold trade

By: pdowd in ROUND
Wed, 03 Aug 11 4:24 PM
Msg. 34219 of 45644
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By Daniel Dicker, Senior Contributor 08/03/11 - 06:00 AM EDT
NEW YORK (TheStreet) -- Oil is going through another major change in the way it's being traded: It's acting less like oil and more and more like gold. And believe me when I tell you folks, oil that trades like gold is not a good trend to be noticing. It has the potential to create the last headwind to an already slow economic recovery and sink us into a true double-dip recession.

Come on. Read the rest of the story @:
http://www.thestreet.com/story/11207147/1/oil-looks-ominously-like-gold-trade.html?kval=dontmiss Naughty