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Gold doesn't float with Oil

Jan 22, 2007

I have been tracking gold markets lately for personal reasons.  While doing this I came upon a press release from MDC (Monex Deposit Company) they specialize in hard assets from selling, buying, storage and transfers and more.

Their release on gold bullion indicates that gold is a historically safe investment and they provide the services and rates to help people looking to invest in this type of commodity.  As I have seen Gold has come off its all time highs of last spring and dropped, but not quite as fast as oil prices have dropped, so it would seem that there is some correlation in the rates between the two, meaning that gold doesn't seem to be floating above oil right now.

WooHoo ed by Brett Bumeter at 8:57 PM  

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