Interesting... I was also wondering the same thing... it does make a lot of sense that gold should be "worth" more.. however, when its overvalued it maybe should flip?
UnknownUnicorn4195243
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@ashermartin, As long as gold's bid to escape currency devaluation is stronger than the amount of fiat currency bidding up oil and any (virtually impossible) supply shocks to oil production, gold will outperform oil!
I think what you are describing, a commodity outperforming gold, can only occur with commodities that endure supply shocks! I believe this will happen with certain foods!