More Reality Defined By Headlines

The real or constant currency oil trend remains down since mid 2009. This means that headline argument of Oil has climbed above $92 on the anticipate of economic growth can only be described as horse hockey analysis.

West Texas Intermediate Crude Oil to Gold Ratio (Oil/Gold):


Headline: Oil climbs above $92, anticipates economic growth

Oil climbed above $92 on Monday to its highest since October 2008, spurred on by expectations economic recovery will boost energy demand and as market bulls set their sights on $100 a barrel.

U.S. crude was 86 cents higher at $92.24 a barrel by 1438 GMT, off a session high of $92.39.

Source: finance.yahoo.com