6/28/12
Chart of the day is...
...the gold/oil ratio (GOR) 2012 year to date:
We had the GORfest on a few days ago when it went thru 20X and although TA sucks, this ratio has clearly rolled over and is about to plummet. Scout's honour. So, just up to you to decide whether crude's going back up or gold's about to drop off its own little cliff.

![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
