gold is basically rooted now, page-9

  1. 11,522 Posts.

    The Gold/Oil ratio is at multidecade lows of less than 10. During the 80s spike, the monthly average powered up to 30 from a base of 15 in the mid 70s.

    IMF sales wont budge Gold out of its current trading range, its the next possible US interest rate cut that would jump it up to the next level.


 
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