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Stock Market 2016
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<blockquote data-quote="SunW" data-source="post: 900888" data-attributes="member: 5304"><p><img src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/01-overflow/20160117_oilgold.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>Some of those peaks don't have a corresponding crisis, but this spike is enormous when considering the 30 year history. I don't see how this massive spike above 35 means anything other than something big is about to happen. Since 1983, the gold to oil ratio has never risen above 35 until now.</p><p></p><p>See this for a history: <a href="https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=F000000__3&f=A" target="_blank">https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=F000000__3&f=A</a> (in 1970, when gold was $35 an ounce, oil was $3.18 a barrel, meaning that the gold to oil ratio was 11).</p></blockquote><p></p>
[QUOTE="SunW, post: 900888, member: 5304"] [img]http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/01-overflow/20160117_oilgold.jpg[/img] Some of those peaks don't have a corresponding crisis, but this spike is enormous when considering the 30 year history. I don't see how this massive spike above 35 means anything other than something big is about to happen. Since 1983, the gold to oil ratio has never risen above 35 until now. See this for a history: [URL]https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=F000000__3&f=A[/URL] (in 1970, when gold was $35 an ounce, oil was $3.18 a barrel, meaning that the gold to oil ratio was 11). [/QUOTE]
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