Oil, gold prices jump Gold over 700 (Is INFLATION coming)

[lovuian]

Oil, gold prices jump as heightened world political tensions unnerve investors

http://www.signonsandiego.com/news/business/20070906-0950-commoditiesreview.html

NEW YORK – Oil prices climbed Thursday on reports of shrinking U.S. supplies of crude and gasoline, and as news of violence in the Middle East and rising tensions in Nigeria unnerved investors.

The jump in oil prices also lifted precious metals, a traditional safe haven for investors wary of inflation or world political risks. The U.S. embassy in Nigeria warned about the risk of terrorism in the West African nation, a major supplier of oil to the U.S. Also Thursday, Syrian air defenses opened fire on Israeli aircraft that allegedly violated Syrian airspace, heightening tensions in the region.
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Things are tense and yet the News media is silent

[Liberal In Texas]

1. Or maybe some of the elite know there is an attack coming soon on Iran.

Prices of gold and oil will go through the roof when we start bombing Iran.

[DFW]

2. If things get into shooting wars, they'll be all over it

Gold has retreated to $693-$694

For now, that is.........

[liberal N proud]

3. Inflation is already here

Everyday good are up, food prices are soaring. They are not calling it inflation but then look who's calling the numbers.