Die Gedanken sind frei, except I'm not allowed to publish all of them.
Saturday, July 20, 2013
Gold/Oil Ratio Ends Week at 11.966, Advantage Gold
Gold is 1292.90 and WTI crude 108.05 (nearly at parity with Brent!). Gold remains a technical buy with the ratio 20% below 15, but that may be an illusion with the increase in the price of oil on unrest in Egypt and Syria.