petervankan

Buying Gold for Oil Like George Soros

There are countless passible 'historic ratios'. The question is, if a ratio is way off its historic value, must we conclude that it will move back to it ? Or may we conclude that there simply wasn't any historic ratio in the first place ?
I would say in this case: the latter. There is no ratio behind the ratio, so to speak.

Gold-Oil Ratio Weekly Status Update

Agreeing with Emerald: the impression I have is that Obama at least UNDERSTANDS the situation.