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Mix-Ansicht- Von 7 nach 14 und weiter nach 34: Warum eigentlich nicht - maybe quite soon? - Emerald, 28.09.2005, 23:15
Von 7 nach 14 und weiter nach 34: Warum eigentlich nicht - maybe quite soon?
-->Richard Russel schreibt heute abend u.A.:
Gold note -- I wrote a few days ago that the ratio of gold to oil was near a record low. In fact on August 5 the ratio did hit a record low of 6.2 or only 6.2 barrels of oil would buy an ounce of gold. This meant that gold compared to oil was at a record low. The ratio has now risen to a still very low 7.0. Gold continues to be ridiculously cheap compared with oil. The ratio has been as high at 38 in the past. The 40 year average ratio is 14. Is the gold-to-oil ratio valid? I think it is, and probably most valid at the extremes. We're at an extreme now.
Valid or not, gold popped today, and with oil near its high, it just could be that gold is starting to catch up with oil, better known as"black gold." Just a thought, subscribers, just a thought.
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