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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (95555)	10/15/2012 3:06:45 PM
From: Follies	Respond to of 218643

Mq avatar, It takes oil to get oil so maybe the ratio should be gold / oil^2 This will hold until one of them becomes very scarce, which if its oil, then gold may go down if people realize oil is really useful and gold is not. Then there is the black swan of a new energy source or alchemy. Follies

To: Maurice Winn who wrote (95555)	10/15/2012 4:14:41 PM
From: bart13	Read Replies (1) \| Respond to of 218643

Ah, the old diversion trick. What you said was: "Superficially paradoxically, in the gold world, when your cost of production goes down, as the price of oil falls, your gold product does not go up in price. When oil becomes more expensive, the value of gold goes up too." What I said was: If that were true, then the gold/oil ratio would be a lot more consistent and level than it has been. You didn't qualify your broad generality until I posted the chart. Your original statement is partially incorrect at best. Keep calm, and carry on.