Posted by A.B. Dada on November 6th, 2006
Here’s the latest barrel of goods chart update. Click on the chart for a larger version.
Interesting to see where oil has been heading versus the barrel of goods and other commodities… Opinions?
Discuss this at the gold investment forum.
November 6th, 2006 at 1:32 pm
[…] With NYMEX oil floating in the high US$50s and low US$60s right before the election day, forecasts range from “going down more” to “going way up after,” but no one seems to really know what is going on there. On the G.U.N. gold versus barrel of goods chart from today, we can see how far NYMEX fell versus all the commodities in just the past 60 days. If you watch the graph, you’ll see that NYMEX crude oil stuck with the barrel of goods average fairly well from the start of the chart, May 9, 2006, until September 6, 2006. At that point (about 60 days ago), it really fell sharply. […]
November 6th, 2006 at 1:33 pm
[…] Check out today’s gold versus barrel of goods chart at the gold investment site. Digg this article […]
November 9th, 2006 at 9:02 am
[…] Gold versus Barrel of Goods Chart Update, November 6, 2006 […]