You can see how there is no quarterly low above 25 and there are peaks up to 27 and just over 28.
Time will tell if the past is a useful reference for the present.
Tim 1:08PM Friday, January 9, 2015 25.53 ratio XAUUSD/CL1! Gold/Crude Oil
One ounce of gold shot up to nearly 46 barrels of oil!
Now that is a serious supply glut!
Tim March 31, 2017 5:09PM EST
It's indeed a great chart, and I also feel like longing oil in recent days. But which way do you think is the best way to buy oil? Just use ETFs like USO and OIL? I read something about these two etfs saying according to their operating method, the return will be a lot compared to the return on spot price of oil.