The last time an ounce of gold could buy 29 barrels of oil was 1988...
Oil is the cheapest it has been relative to gold since 1988...
[2]
"cheap" is relative
Charts: Bloomberg
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[1]The last time an ounce of gold could buy 29 barrels of oil was 1988...
Oil is the cheapest it has been relative to gold since 1988...
[2]
"cheap" is relative
Charts: Bloomberg
- advertisements -
Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150128_goldoil.jpg