Monday, June 23, 2014

Why Oil and Gold is strong at the moment

Crude oil prices are holding their massive gains of late last week and gold is strong as the fears grow that the situation in the Middle East shall only worsen. 

This weighs upon Europe far more than it weighs upon the US for Europe is obviously more dependent upon Middle Eastern crude oil supplies than is the steadily more energy independent US


via www.bulliondesk.com/gold-news/us-gold-price-iraq-instability-ushers-fresh-safe-haven-demand-76833