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Oil-Gold and Other Uncorrelated Trades
By Howard Simons
09/20/05 - 08:08 AM EDT
The history of the oil-gold spread provides powerful evidence that the two commodities are completely unrelated.
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,197.47 1,087.24 2,149.02 34.46
Oil *
76.15
DOWN
93.79
DOWN
11.27
DOWN
17.88
DOWN
0.28
10 Yr
3.45%
SPDR Gold
108.21
-0.91%
-1.03%
-0.83%
-0.81%
Data delayed 20 minutes

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