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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (149915)	4/22/2011 9:09:41 AM
From: Oblivious	Read Replies (1) \| Respond to of 206092

Swiss Franc

To: Big Dog who wrote (149915)	4/22/2011 9:34:32 AM
From: ChanceIs	1 Recommendation Read Replies (1) \| Respond to of 206092

>>>What would a chart look like showing the price of oil vs. that currency?<<< As you know I am a PM bug. There are those who argue that gold has effectively become the world currency. Regardless, here is something upon which to ruminate: Oil/Gold Above says to me that crude needs to go up a little more to maintain the LT average. I can guarantee that gold isn't done rising, so will crude hit $200 .... 300 as gold hits $2,500??? Dow/Oil Oh. Do permit me to wax sarcastically. Consider that The Bernank is proud of having pumped the DOW - saved the economy - restored the wealth effect - bailed out all of those underfunded pensions. Would you agree with him that this is a good thing. Consider that the average Dow/Oil ration appears to be around 200. So then. Don't we have to have a big increase in crude to maintain this ratio at the average?? This is a good thing right? The Fed is supposed to be about stability. Pick your poison. Low Dow and low oil. High Dow and high oil. Can't have both - unless of course you live in the Peter Pan world of USA 2011. From a Dec '10 article goldnews1.blogspot.com