gold to oil graph web site, page-5

Cheers Muzz, its a long term look at the ratio, different to some of the time frames used elsewhere.

Currently in a similar repeat of the 70s Oil cycle, so checked on how Gold responded during the time.

A single cycle is 28yrs, which found is close to the production cycle. Gold by weight mined peaks every 30yrs, in 1910, 1940, 1970 and 2000, so declining production now with relative demand picking up.

Leasing placed alot into circulation during late 90s onwards, the Gold surplus phase(?). Once most of it is leased out (possibly already), then it's a full blown currency with it's own yield curves. Also have Gold inflation, close to 50% more in circulation since around 1980 from production. So when people say Gold should be at some value due to being 800+ in 1981, divide it by 1.5 for a more accurate figure, cheers.