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>> Over time, oil and gold have tracked each other extraordinarily well. you're just wrong. here's prices over the last 6 years: http://imgur.com/a2mMZ http://
by andylei 15y ago
>> Over time, oil and gold have tracked each other extraordinarily well.
you're just wrong. here's prices over the last 6 years: http://imgur.com/a2mMZ http://imgur.com/a2mMZ (CLH is crude oil)
>> They're priced in junk dollars.
you're confusing real and nominal prices. if your point is that inflation exists, i don't think you will find anyone that disagrees with you. if your point is that real prices of oil and gold are driven primarily by inflation, you're absolutely wrong.