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Spellbound

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Spellbound

Re: Spellbound post# 29595

Thursday, 12/27/2007 2:33:26 PM

Thursday, December 27, 2007 2:33:26 PM

Post# of 38879
Gold Likely to Soar to Past $1,500 an Ounce

Ref - http://www.lifeaftertheoilcrash.net/Archives2007/TanGold.html

During the last 30 years, the gold/oil ratio has fluctuated between 8 to 30, and average at 15. We have all heard about $100 oil coming, but not many have discussed its implications to gold. Even using the average ratio of 15, gold would be at $1,500. I expect that at some point in the future, that gold/oil ratio would achieve a much higher level, as high as 25.
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