Wow. You can buy 40 barrels of oil with an ounce of gold

1

Oil is cheaper than ever, priced in gold.

Screenshot 2024-09-27 at 5.01.31 PM

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I really don’t have anywhere I could store oil. Probably one of the problems… :roll_eyes: :wink:

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Well, here is my thinking: What industry benefits from high gold prices and also benefits from cheap oil?

4

Gold mining, of course.

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That’s what I’m thinking.

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Tell us what ticker you’re buying. I might have to get in on some of this action, lol.