Why Oil Bulls Should Be Gold Bugs
• DailyReckoning.comSo, if one ounce of gold should by 15.2 barrels of oil at $63 a barrel, then gold prices should be…$957.60, and according to this historic ratio, gold is severely undervalued.
So, if one ounce of gold should by 15.2 barrels of oil at $63 a barrel, then gold prices should be…$957.60, and according to this historic ratio, gold is severely undervalued.
