One oz of gold gets you 46 barrels of Oil

GC1!/CL1!COMEX

Description

⋅ Feb 11, 2016 2:28 PM

My bias is more for oil up than gold down over the coming months .CL_F GC_F SPY

Comments

shung05

⋅ Feb 14, 2016 3:39 AM

Breaks all the historical figure, it seems that something fundamental had changed. e.g. we less depend on oil as electric car coming.

CosmicDust

⋅ Feb 11, 2016 5:16 PM

Other possible causes for the ratio to go down: both rise but gold slower, both down but gold faster.

SMP99

⋅ Feb 11, 2016 6:06 PM

correct, longer term i tend to lean oil up, gold up slower. short term i think gold down, oil higher.