Author: John Pugliano
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Revisiting $600 GOLD
October 22, 2014 I explained the price correlation between gold and oil (see GOLD). Then on December 8, 2014 I made the case for $40/barrel oil, when oil was trading at $63 (see $40 OIL). Today oil is trading at $45.52. I can’t be certain how low oil prices will fall and where they’ll eventually…