He makes his point totally ignoring that the reason both oil and gold are going is up is because the U.S. government continues to print more and more money with nothing backing it.
The Chinese caught on that their U.S. bonds were worth less and less since they were being paid with a currency that is being watered down daily. (The Chinese are funding the Iraq war).
Why are OPEC nations switching payments from the U.S. dollar to Euros?
Bingo- then a series of attacks on anything manufactured in China...those bad bad Chinese that the american's have been buying from for 50 years suddenly are supplying nothing but crap!
And the only reason the U.S. dollar is tanking is because everyone else won't support it.....riiiiiiiiiight.
Don't try to distract people by showing them graphs and ratios between oil and gas. Yes, I know he doesn't want people driving the price of gold up. That's because the typical american knows his currency is cooked when the price of gold shoots up. You can play that game for so long. Then people figure out what you're playing at.
The american dollar is finding it's proper level...low....and gold and oil are headed up.
whatever their ratio is....
stick to the facts
safeharbour