{"id":362658,"date":"2016-02-11T10:43:04","date_gmt":"2016-02-11T15:43:04","guid":{"rendered":"http:\/\/goldtadise.com\/?p=362658"},"modified":"2016-02-11T10:55:13","modified_gmt":"2016-02-11T15:55:13","slug":"meanwhile-back-at-the-oil-well","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=362658","title":{"rendered":"Meanwhile, back at the oil well&#8230; less than 1 gram of gold per barrel. Hey, silver:oil ratio just broke above 33 yr high!"},"content":{"rendered":"<p>The gold:oil ratio is now 43. It already broke out above a thirty\u00a0year high at 33.30 weeks ago, went to 39, backed off to re-test 33 and now voom! It&#8217;s 43.<\/p>\n<p>As far as I can tell the only time gold:oil was around 40 was in about 1933 and that was not a very good year for the financial system.<\/p>\n<p>This is the region where a barrel of oil is worth less than a gram of gold by the way.<\/p>\n<p><a href=\"http:\/\/1000gold.blogspot.co.uk\/2016\/02\/goldoil-ratio-hits-43-as-markets-start.html\" target=\"_blank\">http:\/\/1000gold.blogspot.co.uk\/2016\/02\/goldoil-ratio-hits-43-as-markets-start.html<\/a><\/p>\n<p><a href=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33.png\" rel=\"attachment wp-att-362660\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-362660\" src=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33-800x348.png\" alt=\"goldoilratio 43 2year chart tested 33\" width=\"640\" height=\"278\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33-800x348.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33-150x65.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33-300x131.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33-768x334.png 768w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/goldoilratio-43-2year-chart-tested-33.png 1565w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43.png\" rel=\"attachment wp-att-362659\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-362659\" src=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43-800x348.png\" alt=\"gold-oil ratio rpg now 43\" width=\"640\" height=\"278\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43-800x348.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43-150x65.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43-300x130.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43-768x334.png 768w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/gold-oil-ratio-rpg-now-43.png 1538w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>JUST OUT OF CURIOSITY, I thought one minute ago &#8230; how about silver? It must be back to around a silver: oil ratio of 0.5:1 &#8230; and it is. In fact, silver has just broken above its 33-year high relative to oil.<\/p>\n<p><a href=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537.png\" rel=\"attachment wp-att-362665\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-362665\" src=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537-800x348.png\" alt=\"silver oil ratio broken out sc line 537\" width=\"640\" height=\"278\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537-800x348.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537-150x65.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537-300x131.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537-768x334.png 768w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/02\/silver-oil-ratio-broken-out-sc-line-537.png 1565w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gold:oil ratio is now 43. It already broke out above a thirty\u00a0year high at 33.30 weeks ago, went to 39, backed off to re-test 33 and now voom! It&#8217;s 43. As far as I can tell the only time &hellip; <a href=\"https:\/\/goldtadise.com\/?p=362658\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2414,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-362658","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/362658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2414"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=362658"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/362658\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=362658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=362658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=362658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}