MyDVICE

- WRITINGS, THOUGHTS, VIEWS & IMAGES by NEV R. AGN -
Metals #5 – Energy #11

Metals #5 – Energy #11

Further-more on the relationship between gold and oil (the “Gold-Oil ratio”). 24 February 2021 In my posts dated 9, 10 and 15 June 2020, I stated the proposition that the gold-oil ratio will revert to its 20-year average (see chart below).  Here is where...
Metals #4 – Energy #6

Metals #4 – Energy #6

More on the relationship between gold and oil (the “Gold-Oil ratio”). 15 June 2020 Further to reading up on statistical research concerning the long-term equilibrium relationship between gold and oil (the research for the most part used cointegration...
Metals #3 – Energy #5

Metals #3 – Energy #5

There are at least 4 studies testing the cointegration or long-term equilibrium of the correlation between gold and oil.   10 June 2020 In my previous post I posit the following regarding the gold:oil ratio: Assuming mean reversion (to 17:1 ratio) and a price of...
Metals #2 – Energy #4

Metals #2 – Energy #4

That crazy gold-oil ratio!  A signal of the next oil bull run?  There is no guarantee of mean-reversion…so proceed with caution. 9 June 2020 Consider the charts further below – the Gold-Oil ratio up until March 2015.  Currently the ratio stands at just...