during the bush jr. years almost all commodities rose together.
but we should be very worried if gold rises, while oil and base metals fall. this happens when you enter deflation (depression) rather than inflation.
The signs appear to be increasingly alarming.
I have been watching world oil demand more so than price, to get some idea of what is happening
World oil demand has fallen
Most people agree the world is entering a recession, thus less oil demand
Your gold comment seems to be spot on
TO add fuel to the fire and confuse everybody, the Fed may be considering another QE
Currencies are now in a race to the bottom as int rate cuts come from all corners of the world
In other words the Fed and others are trying to get out ahead of the coming recession/depression
Will the Fed drop int rates further??
A short time ago that would have sounded crazy
I don't think it is such a crazy possibility today, with some 14 trillion or more of negative int rates in the world
Not looking good unless you have a pile of gold