Read more: http://www.businessinsider.com/chart-of-the-day-oil-barrels-per-an-ounce-of-gold-2010-4#ixzz1D5ZQy5gz
Today's FINVIZ 5 Minute Charts - (for other charts go to the bottom of this page)
Click HERE for more real-time ADVANCED CHARTS and see the bottom of this page for more real time price updates.
Chart: Oil to Gold (Barrels of oil per ounce of Au)
At the end of 2008, the number of barrels you could buy with one ounce of gold surged to ridiculous highs, the combination of a deflationary collapse (the oil drop) and global fear (the gold spike). But look since 2000 and the trend is clear. One ounce of gold is buying you less and less oil. We appear to be reverting to trend. Oil can go a lot higher.
Read more: http://www.businessinsider.com/chart-of-the-day-oil-barrels-per-an-ounce-of-gold-2010-4#ixzz1D5ZQy5gz
Read more: http://www.businessinsider.com/chart-of-the-day-oil-barrels-per-an-ounce-of-gold-2010-4#ixzz1D5ZQy5gz
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