1584 the ounce/96.13 the barrel, almost 10 percent.
A pull-back in gold from here to the 1450 area or a rise in oil to about 105 would move the ratio toward the average of 15.
Since oil is a commodity constantly needed and therefore in constant demand, gold is money, and over-indebtedness is ubiquitous, I'm guessing we'll see continued liquidation of gold to help pay the bills.
A pull-back in gold from here to the 1450 area or a rise in oil to about 105 would move the ratio toward the average of 15.
Since oil is a commodity constantly needed and therefore in constant demand, gold is money, and over-indebtedness is ubiquitous, I'm guessing we'll see continued liquidation of gold to help pay the bills.
