RE: Gold vs. Oil - Gold Oil RatioOk, now you can post the HUI, the XAU, the BKX, and the USD$. I have NO idea when, but when the repatriation of USD due to closing out bets on financial garbage look out below USD. Should OPEC not decrease production this can equally be looked at as saving the world economy from total tanking, as well as another nail in the coffin of investments and near and future term supply; setting the stage for a massive rally. Gold jrs are at the cheapest level in .....if you listen to the pundits, "ever". To those who think a rally in HGU from $5 to $10 is enough of a gain (I actually did get back in near $5 and part of the position got stopped on a tight stop last week), I say look at the gold chart showing HGU not so long ago at $30 ish. Winter is here, normally a time for a rally in energy and gold. There are tons of commentary about the big disconnect between Comex short paper and physical. I could short gold tomorrow but I'd do it with a prayer that I'll be able to get out without being called on it. China doesn't have enough USD. (joke).
Will gold go up next week and the week after or down? I have NO idea. Generator you may well be right!! I have said for many years that there is nothing more frustrating and difficult to make money in than Gold. My only point is that it is so easy to be whipsawed and confused about gold. There are so many different factors the biggest one being the black boxes in a thousand sky scrapers around the world, and not what some dude says in a sound bite and certainly not answerable in a SH post. Good luck to you.