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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
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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