"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, August 8, 2011

GLD-USO Ratio

All those heavy vehicles hauling all that golden ore.  The product's getting more expensive and the cost driver is going down.  Hmmm, weird.  Sounds like kind of a counter cyclical industry to me.

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