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oil priced in gold is almost $0
| sable spot wagecucks | 10/08/25 |
| Unhinged citrine parlor hominid | 10/08/25 |
| sable spot wagecucks | 10/08/25 |
| Unhinged citrine parlor hominid | 10/08/25 |
| sable spot wagecucks | 10/08/25 |
| Unhinged citrine parlor hominid | 10/08/25 |
| sable spot wagecucks | 10/08/25 |
| fantasy-prone salmon theater mad-dog skullcap | 10/08/25 |
| sable spot wagecucks | 10/09/25 |
Poast new message in this thread
Date: October 8th, 2025 5:20 PM Author: sable spot wagecucks https://www.macrotrends.net/1380/gold-to-oil-ratio-historical-chart
the peak was during covid when oil hit $0. we're headed there again. something scary is going on. one of these price levels has to be very wrong. |
Date: October 8th, 2025 5:29 PM Author: Unhinged citrine parlor hominid i have no idea what this means, but it is interesting looking (http://www.autoadmit.com/thread.php?thread_id=5784437&forum_id=2\u0026mark_id=5310910#49335124) |
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Date: October 8th, 2025 5:32 PM Author: sable spot wagecucks it's a chart of how many barrels of oil you can buy with one ounce of gold. at the peak in april 2020, when oil briefly went to $0, it was 90 barrels per ounce. right now, when oil is around $60, it is close to 60 barrels per ounce. so either oil is incredibly cheap at $60/bl, or gold is incredibly expensive at $4k/oz. given that there's no global crisis in energy demand, it would seem that gold has a reckoning coming. (http://www.autoadmit.com/thread.php?thread_id=5784437&forum_id=2\u0026mark_id=5310910#49335127) |
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Date: October 8th, 2025 5:34 PM Author: Unhinged citrine parlor hominid i get that. i just don't know what if anything the broader significance of this is
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Date: October 8th, 2025 5:35 PM Author: sable spot wagecucks you either buy the fuck out of oil stocks or you short the fuck out of gold. gold is screaming inflationary catastrophe and/or dollar collapse, but oil - the actually useful global commodity - isn't showing it at all. (http://www.autoadmit.com/thread.php?thread_id=5784437&forum_id=2\u0026mark_id=5310910#49335133) |
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Date: October 8th, 2025 5:49 PM Author: Unhinged citrine parlor hominid are the russians and saudis just flooding the shit out of the market here?
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Date: October 8th, 2025 7:04 PM Author: sable spot wagecucks that's definitely going on, but it's hard to imagine that supply is at a level close to covid where there was literally no demand. they're driving down prices to pick up market share but they're not suicidal. another tell is that xom and cvx haven't moved an inch in years.
the most likely call is that gold is wildly overvalued. it will take a market crash to find out. it can keep running until then, but once shit hits the fan the big boys sell gold to raise cash and offset losses and that will clear out all of the late stage speculators. gold has a history of 30-50% collapses, and i think we see that here to the $2-2500 level. |
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Date: October 8th, 2025 5:36 PM Author: fantasy-prone salmon theater mad-dog skullcap Yeah the time period right after "COVID" really sucked for investors (http://www.autoadmit.com/thread.php?thread_id=5784437&forum_id=2\u0026mark_id=5310910#49335135) |
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Date: October 9th, 2025 10:14 AM Author: sable spot wagecucks gold to housing chart similarly at historic levels:
https://www.longtermtrends.net/real-estate-gold-ratio/ |