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lifo

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lifo

Re: karw post# 31737

Monday, 04/26/2010 6:36:58 PM

Monday, April 26, 2010 6:36:58 PM

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Hello karw, ...Re. GLD

As I begin to understand more about how unreal fiat currency can be, I am putting more faith in tangibles such as gold, oil, etc. Yesterday, I was looking at the Gold to Oil Ratio.

Compared to Oil, Gold is relatively cheap. Have a look at the following chart:

http://stockcharts.com/c-sc/sc?s=$GOLD:$WTIC&p=W&yr=3&mn=0&dy=0&i=t19434570703&r=9114

Best regards,

Jack
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