Oil and Gold Might Be Ready to Decouple

Source:

Gold and silver prices have suffered but not to nearly the same extent percentage wise as oil...This could be taken as an indication of a beginning of the stealth decoupling of gold from the oil price which would have to happen if gold is to be the answer as a true hedge against inflation and as protection from an economic carnage.

With the global oil price suffering a significant correction in the past week, gold too is showing signs of weakness, but the oil price and gold price should decouple as the one is a commodity and the other "money." At least, that's what some experts think.

Oil prices have fallen around 15 percent since their recent high of $147-a-barrel to a level sufficient to be termed a "correction". The gold price and that of silver has also suffered, but not nearly to the same extent percentage wise, at least so far.

This could be taken as an indication of a beginning of the stealth decoupling of gold from the oil price which would have to happen if gold is to be the answer as a true hedge against inflation and as protection from an economic carnage...

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