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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 398.57

-0.2%

Dec 18 4:00 PM EST

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To: TrueScouse who wrote (9260)	10/24/2007 2:19:02 AM
From: jennifersilversun	Read Replies (2) of 29622

Let me add my voice to the chorus of those saying thanks, Howy for this report. I'm puzzled by what you report about Turk's comments: "The gold/silver ratio is low because either… (a) gold is artificially low… or (b) the effect of “peak oil” is already kicking in -- or a combination of both. In the medium term, he would expect it to revert to its historical mean by a major increase in the price of gold rather than a major drop in the price of oil." Did you mean to say Turk commented that the gold/OIL ratio is low? Otherwise I don't understand how the gold/silver ratio relates to the gold/oil ratio.

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