This is a must see chart. Gold to Oil Chart.

Source: https://www.macrotrends.net/1380/gold-to-oil-ratio-historical-chart
Published: Apr 21, 2020
Author: Tyler Durden
Post Date: 2020-04-21 00:36:50 by Horse
Views: 491

Poster Comment:

Click on the link above to see it.

This chart goes back to the 1950s. Last few years it was a 23 to 1 or so ratio. Today it is 110,000 to one. This is not the day to sell your gold and buy Tesla Motor stock. Never a day to do that.

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#1: Pinguinite    To: Horse (#0)

With oil at about zero, comparing it to anything would look the same.

Pinguinite posted on 2020-04-21 00:44:40   Reply   Private Reply

#2: Esso    To: Pinguinite, 4um (#1)

With oil at about zero, comparing it to anything would look the same.

Log scale. Cool, apparently corrected for inflation.

"To the Moon, Alice!"

Esso posted on 2020-04-21 01:35:26   Reply   Private Reply