R runningman Apr 29, 2006 #1 Currently the Gold to Oil ratio is around 9, against a historical ratio of around 15. That suggests that either gold is underpriced, or oil is overpriced or both. Anyone put any weight on the gold/oil ratio?
Currently the Gold to Oil ratio is around 9, against a historical ratio of around 15. That suggests that either gold is underpriced, or oil is overpriced or both. Anyone put any weight on the gold/oil ratio?
R ramuk Apr 29, 2006 #2 It could also mean that oil has finally broken out in terms of gold (a non paper currency). Implying peak oil etc.
It could also mean that oil has finally broken out in terms of gold (a non paper currency). Implying peak oil etc.
