The action today in oil and gold is interesting especially coming on the eve of the Fed Meeting.....
Oil up nearing $58! But, Gold down BIG! .....DOWN DEMON GOLD!
Driving down gold is a good way to "save the dollar"....at least that's the old style conventional wisdom.
....and if you save the dollar you stop the rise of oil in theory.
...Ergo....Down Demon Gold! Well, maybe.....it might work for a while....but long term the structural problems in the US are just too much to handle...