I should have said in the very short term. Becuse I see a threat from an oil correction which could take gold lower. We have allready corrected in gold we don't need more. Long term they will move in tandum but untill the last few days gold has not move with oil it has moved opposite. Now I believe is not the time for them to move in the same direction. I am an oil and gold bull

Yes it is true If the oil and gold ratio held your numbers would be correct. This is why at the worst I want oil to correct while gold recovers If they are to go in the same direction I would like it to be up.

Still long in both

Reg Mills