November 29, 2004

gold to oil ratio


you got to 
read this piece 
    of big footery

"hear me now 
         believe me too late"

"Historically,
 the ratio 
of the price 
of oil 
to the price
 of gold 
has been relatively fixed"

 
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========================================


" the number of ounces of gold 
required to buy a barrel of oil
 has averaged 
  .06 ounces. "


the ratio 

.06 ounces to a barrel

of course this is silly 
but i love it anyway

here's more 

 "As oil prices soar past the $50 mark, 
however, gold prices have not kept pace." 

"For gold to reach the historical standard
 - with oil prices at a more modest price
 of, say, $42 per barrel - 
the precious metal would have to trade 
at $700 per ounce.
 Put another way,
 by historical gold-price standards,
 oil should be selling 
at just $24 per barrel."

wouldn't you love to see 
the range of this ratio 
       since say 1970 

must be real bad 
or this skunk ape 
  would provide it 

maybe i'lllook into it
and  figure it out for ya 

produce a nice quarterly  table 

    140 ratios 

get eve to drill into em 
with some high power stat  tools 

see what we find 

then again maybe i won't

oh ya buy gold!!!!!!!!!!!

 "the perfect store of wealth"

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Posted by pinky at November 29, 2004 07:20 AM

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