Pay Attention to Extreme Oil-Gold Ratios, Says Morgan Stanley
July 17, 2020 at 11:06 AM EDT
Other than being highly traded commodities, one might not think there’s a correlation between oil and gold, but analysts at Morgan Stanley beg to differ. The oil-gold ratio can portend to future movements on oil prices, especially if it errs on the side of the extreme. “The oil-gold ratio has...