AMA 112 - The Gold/Oil ratio with Mike Lingenheld

Published: March 3, 2015, 6:26 p.m.

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Mike Lingenheld appears on the AMA show today to talk about what's happening in the oil industry. He talks to Jason Hartman about different gold ratios and that there are gold/oil correlations to economic crises. Mike and Jason also do a deep dive and talk about the European economy as well as the dollar being the reserve currency.\\xa0

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Key Takeaways:

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2:10 \\u2013 What's happening with oil right now?\\xa0

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5:00 \\u2013 Saudi Arabia isn't hurting economically due to their vast savings from the oil industry.\\xa0

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8:15 \\u2013 Gold and silver does an accurate job in reflecting current inflation.\\xa0

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12:30 \\u2013 Whenever the gold and crude ratio goes above 20, there seems to be an economic crisis.\\xa0

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15:30 \\u2013 Mike thinks the US dollar will be the reserve currency for the next 15 years, at least.\\xa0

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18:40 \\u2013 If Greece wanted to exist, it wouldn't be the end of the world.\\xa0

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20:45 \\u2013 If Spain were to exist, there would be problems. Mike explains why.\\xa0

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Mentioned In This Episode:

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http://www.forbes.com/sites/michaellingenheld/2015/01/21/texas-saudi-arabia-and-the-collapse-of-oil/

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http://cupandhandlemacro.com/

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