This one is just sort of interesting because it shows that oil priced in gold is much closer to the crisis low in 2009, than is currently reflected by the price in dollars. Top chart is oil priced in gold, lower chart is oil priced in dollars AM
Oil Priced in gold. 10 year chart. Low was in 2009
ABOUT:
Former member of the CME specializing in interest rate options and yield curve strategies.
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.
