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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: RWS who wrote (156442)9/4/2011 1:07:10 PM
From: Jacob Snyder2 Recommendations  Read Replies (1) of 206085
 
The correlation is shown, by comparing the two charts. The last 2 times Brent got up into the $100-120 range, stocks stopped going up. The same pattern, of recessions and bear markets following oil price spikes, has been happening for 50 years. It's a very robust pattern.

But I'm saying more than that. The relationship is causation (not just correlation): Message 27212298
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