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In financial markets, a high gold/oil ratio indicates ‘problems ahead’ The prices of gold and oil usually rise and fall in sync. Conventional wisdom is that rising oil prices push up inflation, thereby increasing demand for gold as a hedge and vice versa. Since 1980, the median gold/oil-ratio (that’s how many barrels of oil can be bought with one ounce …
Read More »The ‘crisis-ratio’ set a new record
