gold/oil ratio

Discussion in 'Commodity Futures' started by runningman, Apr 29, 2006.

  1. Currently the Gold to Oil ratio is around 9, against a historical ratio of around 15. That suggests that either gold is underpriced, or oil is overpriced or both. Anyone put any weight on the gold/oil ratio?
  2. ramuk


    It could also mean that oil has finally broken out in terms of gold (a non paper currency).

    Implying peak oil etc.