Gold is now around $1700. Will gold finally break $2000 in 2012?

Gold has been up for 11 years in a row. It would not be surprising if gold continued to rest for a while. It has been consolidating for over 3 months. Hopefully it continues to consolidate or even go down,. spo that you can buy some more.

If Jim Rogers had to buy either gold or silver today, he would buy silver because it is more depressed.

Oil is now at $101 per barrel. When will the price of oil become a problem for the economy? The economy has already adjusted to this high oil price. The price of oil has been above $100 for 3 or 4 years now. The price of oil will continue to go up. Many people will suffer, but the people who produce the oil will have boom times.