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