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

To: Maurice Winn who wrote (114819)	12/22/2015 9:39:45 AM
From: Horgad	Read Replies (1) \| Respond to of 217839

Lots of things are "made out of oil" and an ounce of gold buys more barrels now then when oil was at $100. in fact gold is quite expensive at the moment (or oil is quite cheap or both), by that metric. How is this possible if gold=oil? Because oil became "more abundant" with technology advancements, at least for the short term, while gold has not kept pace. In other words, there are exceptions, variables, etc. to the rule...some of them quite significant in the impact to the correlation.