Oil – The Sale of the Century?

By |2016-02-15T12:08:54-05:00February 15th, 2016|Commodities, Markets|

Oil is at the lowest level relative to gold of the last 30 years, when the Fed data series begin. Deutsche Bank has calculated the series back to the Civil War. Based on their work, an ounce of gold buys you more barrels of oil than anytime since 1892. An ounce of gold currently buys you just over 42 barrels [...]