Gas and Gold

Dug13 · Mar 5, 2016

In my neck of the woods, during the past 2 weeks, gas has gone up 35 cents a gallon. I noticed PM's also has risen lately. Has anyone else noticed how Oil and Gold generally trend in the same direction?

TandTmrh · Mar 5, 2016

I am no economist, that's for sure, but whenever a general slow down in the economy happens, gas and PMs go up. It's pre-spring, late winter, which is usually a very slow time for the economy anyways. Retail sales are down, restaurants are down. April and warm weather usually sees an upswing in the economy.

j_h_smith · Mar 5, 2016

Gas has gone up in my area by 26 cents in the last 2 weeks. We were wondering the same thing.

hawgdawg · Mar 5, 2016

I've seen oil has risen from about 32 dollars a barrel to about 41 now in the last couple of weeks . a couple of years ago it was around 115 a barrel . Gas is going to go up . I do believe its on the upswing now , get it while you can at these prices . And I'm no economist either , just someone that realizes that anything good , doesn't last forever . Somebody , somewhere is losing money at these prices , and they're not going to want to lose long . So enjoy it while you can . :my2cents:

Ricki7 · Mar 7, 2016

Some say cost going up because of the change over from winter to summer gas . Or maybe Greed , low prices really helped out this winter , guess I'm thankfull for that .
HH

JWalker3 · Mar 7, 2016

The markets are fixed.

zeemang · Mar 7, 2016

http://www.macrotrends.net/1380/gold-to-oil-ratio-historical-chart

Gas and Gold

Dug13

Full Member

TandTmrh

Full Member

j_h_smith

hawgdawg

Ricki7

JWalker3

zeemang

Similar threads