Source Post

The Cheapest Oil in Human History (Against Gold & SPX)

The creator discusses the current state of oil prices relative to gold and the S&P 500, arguing that oil is at its cheapest point historically against these assets. He believes that with Strategic Petroleum Reserves (SPR) being depleted and demand remaining strong, oil prices are poised to rise significantly, making it a compelling investment opportunity.

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Tickers discussed in this post

AGBullishHigh ConvictionSignal-backedPrimary

Silver is expected to trade between $300 and $700 per ounce if gold reaches $10,000 and the gold-to-silver ratio breaks out from its historical base.

ATINeutralMedium ConvictionSignal-backedSecondary

The oil to gold ratio is forming a flag pattern, which could imply one more round of oil outperformance before a potential trend reversal.

QQQXNeutralLow ConvictionResearch Only

The Nasdaq 100 to M2 ratio is compared to the gold to M2 ratio, suggesting a potential rotation from tech into gold under certain market conditions.

NIOBullishMedium ConvictionSignal-backedSecondary

The outperformance of junior miners relative to big miners is seen as a positive sign for a potential bull market in precious metals.

WPMBullishMedium ConvictionSignal-backedSecondary

The creator notes that animal spirits are alive and well in precious metals, with junior miners outperforming larger ones, indicating a potential bull market.

SPXXNeutralMedium ConvictionSignal-backedSecondary

The creator uses the S&P 500 as a benchmark to highlight that oil is historically cheap relative to financial assets.

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Tracked calls opened from this post

AG
buy opened Aug 15, 2026
+6.91%