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IPFS News Link • Precious Metals

Why Oil Bulls Should Be Gold Bugs

12-12-2006 • DailyReckoning.com

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.

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Reported By Ernest Hancock

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