Gold vs. Oil

Both resources oil and gold are interesting from an investment perspective. Both are natural resources and interesting options in times of change. Oil took quite a nose dive over the last weeks and gold is up by 30% YTD. Why is that? The answer nobody can know for sure but there are certainly many factors ranging from economic growth, economic forecasts, resource discoveries, exploration costs, speculation, global stability, wars to political signals. Here is an interesting up-to-date chart comparing oil to gold. On the chart one can quickly see that the oil to gold ratio has doubled ion just one year (2008 to 2009) and is overall quite volatile.