You are welcome. It's just a part of what I do daily for my own benefit, so I might as well share it. Doing so also helps integrate the thinking between the two hemespheres of the brain, not that I have a whole brain anyway...

It's interesting to note also that POG on this chart has been more stable that we think over these last many months. [In grams per ounce.]

For further context...

Sourced from http://goldprice.org/gold-price-per-gram.html

Compare this to the chart for the price of oil per gram of gold.

By the above, it appears that the price of oil is at around the low levels hit a few times since the Financial Crisis, so in terms of gold (what really matters, IMO), this low price for oil may not be the bad news it would have been in other times.

Even so, and should precious metals prices begin to trend downward, there remains a pretty good possibity that the market may react by pushing up demand for mining stocks, because that's what happens when the US and/or the world head into recession.

Now, all we need is for this sleeper (LBSR) to get a kick in the head (news), and we may go flying. Without news, though...

VP