triznix

Even Priced in Gold, Oil Is High

Or, you could look at it another way: Compared to the inflation-adjusted price of oil, the inflation-adjusted price of gold is cheap!

I just wonder why your chart starts at 1990? I'd like to see a chart starting at 1970 before I give your argument any credence.

An Oil-Driven Paradigm Shift?

Interesting that the author mentions having oil as the new money. Hey, got news for you: Oil has been the basis of value for the USD for a loooong time already. Do you really think oil going up in price has no relation to the USD going down???