What Crisis Is The Gold/Oil Ratio Predicting This Time?

The number of barrels of oil that a single ounce of gold can buy has never, ever been higher.

Edited January 18, 201610 yr by Asiantravel

Better invest in Oil.

Better invest in Oil.

Well they're not making any more of it, so yes buy it now whilst it's cheap.

COMEX registered gold inventories plummet 73% in one day!This is the lowest level of Registered Gold inventories on the Comex for more than 20 years.

There are now only 2.3 metric tons of Registered Gold remaining at the Comex.

Edited February 1, 201610 yr by Asiantravel

Great discussion. Its not too late to buy gold or at least dollar cost average in. There are many ways to buy gold but dont get fooled by numismatics or high premium stuff.

 

At the very least buy a little gold for insurance or as store of value. Ive been using www.goldmoney.com

 

Goldmoney is a inexpensive way to purchase some gold