Followed up this blog with article that shows and explains why the relationship between oil and gold in this oil shock differs from relationship that existed in previous oil shocks. My analysis says it is NOT, definitely NOT, time to buy the dip in gold. https://www.economicmemos.com/p/the-first-oil-shock-that-broke-gold
Followed up this blog with article that shows and explains why the relationship between oil and gold in this oil shock differs from relationship that existed in previous oil shocks. My analysis says it is NOT, definitely NOT, time to buy the dip in gold. https://www.economicmemos.com/p/the-first-oil-shock-that-broke-gold