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Real Gold versus Real Oil

Posted By Barry Ritholtz On September 16, 2005 @ 3:07 pm In Commodities,Economy | Comments Disabled

Earlier today, Gary Evans directed me to this chart.

By coinicidence, CNBC’s Ron Insana featured a very similar chart this afternoon:

click for larger graph
Zeal081905a [1]

 

The chart suggests that Gold has a lot higher to go . . .

Source:
Gold/Oil Ratio Extremes 3 [2]
Adam Hamilton
Zeal, August 19, 2005
http://www.zealllc.com/2005/gorex3.htm


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[1] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/zeal081905a.gif

[2] Gold/Oil Ratio Extremes 3: http://www.zealllc.com/2005/gorex3.htm

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