Agoracom: Small Cap Investment - Tyhee Gold Corp. - Re: Crude Down to $72 Makes $10 Oil More Believable: Good For Tyhee

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Crude Down to $72 Makes $10 Oil More Believable: Good For Tyhee

BAIRES2

Oct 16, 2008 07:28AM

hle

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Re: Crude Down to $72 Makes $10 Oil More Believable: Good For Tyhee

in response to

Crude Down to $72 Makes $10 Oil More Believable: Good For Tyhee

BAIRES2

posted on Oct 16, 2008 07:38AM

just want to do a reality check for a second...

about 3 months ago people were raving about the gold to oil ratio and how gold should be up at 1k+.

oil is now $71 and had previously touched $68. my sophisticated gold price algorithms suggest a gold price of about $700, below Tyhee's base case (which somebody posted earlier).

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