From Examiner.com: Oil and Gold have been putting on a bit of a bull run. OK, this isn’t news on Gold, but Oil has been a little surprising. Interesting note on both of these charts is that the GLD etf just bounced off of its 50 day moving average and Oil is fighting to get above the 50 dma.
I trust gold here more than oil. But the analysts in the video talk about a “reflation” story - and if that happens, get long oil….. Full Article: Source