Gold Prices

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dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Gold Prices

Post by dan_s »

Gold is now over $2,500/oz

Historical relationship of Gold to Oil is 20 to 1, so oil should be $125/bbl. Maybe the relationship is no longer valid, but the relationship has not been this out of whack for long.
Dan Steffens
Energy Prospectus Group
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