What is the coreletionship between gold and oil prices in the last 100 years?

Gold is a traditional predictor of coming inflation...











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http://www.econbrowser.com/archives/2006鈥?/a>What is the coreletionship between gold and oil prices in the last 100 years?
HIWhat is the coreletionship between gold and oil prices in the last 100 years?
I agree with stockpicker,


There is some type of gold price manipulation going on since around 1996 by my estimate. I'm not sure if the Treasury, or the Fed Reserve has already sold the USA gold reserves as has the Bank of England, the IMF, EU, etc to pay the Chinese for their goods surplus or what, but it definately has made inflation look low. Maybe it is just an attempt to keep the world backing the dollar. Oil appears to be breaking away from the USD value. One thing noteworthy is that the gold miners of the world combined do not, and have not, mined enough gold to satisfy demand by some 500 tons shortage per year for many years now. This has been made up by central banks around the world selling there gold holdings. I think there is more to it than we know.
They tend to run somewhat in sinc with one another. Both are inflationary signs.
Hand-in-hand. It is only over the last fifteen years or so that the relationship has not been fairly exact. Some say it is because the central banks of the world are manipulating the amount of gold in the system in order to keep inflation low.


I am one of the people saying that there is something going on here...not sure what, but something...

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