You are here

Gold-oil ratio: Does it point to a recession ahead?

There's a similarity in how the gold-oil ratio behaves in 2015 and during the Global Financial Crisis, but the oil plunge now likely just reflects an oversupply phenomenon.

BT_20150305_BGPRICESHQWQ_1545014.jpg
The relative values of crude oil and gold offer interesting insights, given its extreme values seen during the banking crisis in the early 1980s, the Asian Financial Crisis of 1997 and the Global Financial Crisis of 2008.

THOSE who do not remember the past are condemned to repeat it.

Many look to history to learn general truths about human nature and behaviour, and hopefully, reveal lessons for the future. Indeed, we have many reasons to give thanks to this great teacher, where many noble values are

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom