timwest
Long

Crude Oil Versus Gold - XAUUSD/CL1! - Gold/Crude Ratio - Peaking

2226 39 33
Gold             versus Crude Oil             - 1 ounce of gold             buys 25 barrels of oil             .

When Gold             gets you 22+ barrels of Oil             = Buy Crude

Time to Buy Crude with your Gold             Holdings!

10-Year Level of Valuation Here = Time to act NOW.

Tim 1/7/2015 3:06PM EST Wednesday

24.92 Ratio of XAUUSD/CL1!
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I agree, that it is time to buy crude but what is the best way to participate. Thinking of buying USO ETF. recommendations appreciated.
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Yeah I'm afraid this idea doesn't work Tim. The idea of such ratios is that if you have gold you'd sell it and buy oil.
It doesn't necessarily mean that Oil will rally against the dollar. You will need to show us a comparison with CL1! so we can see if Oil rallied against the dollar when your rule occured.
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tompower motcha1
looks like gold is breaking out relative to crude, looks like we'll be putting the electric car to rest again for another 10 years.
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timwest PRO tompower
The gold/crude ratio does still have a little momentum remaining, but I'm patient and think this is a good enough level to warrant shifting funds from gold investments and look to oil investments. As for the electric car "put to rest again for another 10 years", your comment made me laugh - good one. I recall GM closing their electric cars around the turn of the century. Do you follow my TSLA forecasts? I've been pretty active in forecasting and following TSLA. I think Elon Musk has a great grip on the electric car and his success is one reason the oil industry might be collectively interested in driving down the gas price to shut off the demand for the Tesla while it is still a very small company. His dual-drive Tesla is nothing short of amazing. The Model-X is going to be amazing. The $35,000 model may seem like a pipe-dream but if they do it, it will change the industry forever. Once the gigafactory is up and running, producing lower cost batteries, then you have a chance of slow death for ICE cars (Internal Combustion Engine).
+3 Reply
Really looking forward to that last forecast's realization Tim.
+2 Reply
gold/crude oil, at an interesting point, it gives me different point of view, thanks for sharing
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I think it's too soon. You have the US, Saudi Arabia and Russia all trying to flex their muscles with oil. The fat lady hasn't started singing yet over these falling prices. Certainly money can be made now, but there is more money to be made off this. I bet this is going to break through the 2008-2009 dip. We have a good setup for a remix of 2008 in my opinion, bubbles galore and anti dollar brics nations. I say wait till at least $44 a barrel, then you'll have more money in the end... how much the dollars will be worth is anyone guess, but at least you would have more than you started with... thats the goal right?
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timwest PRO spyder69
Have you looked at selling $44 strike puts going out 6-9 months? Perhaps you could look at higher strikes that will net you a $44 entry price. If you sell the $50 strike puts for $6, that will net $44 entry and give you $6 profit if it is above $50 at expiration. Just an idea for you. I think a grind sideways over the next 3-7 years is highly likely from current levels in the stock market. The fundamentals have a long way to catch up to current stock prices, from my perspective.
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Do you attribute this to demand for cheaper commodities for Value commodity investors? I see the value in the ratio but I don't understand it's causation.
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TimWest... What is your take on the Gold/Oil chart in regards to equities? I keep an eye on a very funny analyst, who in recent times has been crying hoarse that when Gold/Oil peaks, its time to sell equities. Thoughts?
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