Sunday, December 25, 2005

Gold and Oil ratio

How many barrels of Texas Light sweet crude oil you can buy with one ounce of gold?

I will post more about this important ratio as well as other gold ratios in the future , but for now just two points :

1)Gold is far more ancient commodity then oil.

2) Oil is consumed and destroyed , Gold is durable !


Here is a 12 year chart of gold/oil ratio.


Gold and Oil ratio chart

2 comments:

brewguru said...

I came upon your site via bkmarcus' site. Excellent gold/silver info and analysis--thanks for writing about this.

Best regards,

Pete

real1 said...

Thank you , I will keep on...

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