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Top market analyst claims both gold and oil are headed lower
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Monday, June 22, 2009
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From Newsmax:

Some experts, such as investor Jim Rogers, say commodities are off to the races.

New York University economist Nouriel Roubini begs to differ.

He says the recent rally that has taken oil to an eight-month high of $73 a barrel and gold to $935 an ounce has gone too far.

The oil price gain is "too high too soon," Roubini told the Reuters Investment Outlook Summit in New York.

And if speculators insist on pushing the price toward $100, the move would...

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More on "toppy" gold:

Short gold now

A contrarian indicator against gold

Long gold trade getting VERY crowded


Topics: Gold | Energy | Commodities
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