Under comments, Simon Ward asked about the crude oil/gold ratio. I can't answer that off hand, and I don't know of any comment by Hussman or others about it.
But I did see a Greenspan "rant" paper by Marc Faber today which mentioned Ed Yardeni's "FRODOR" index. Yardeni thinks both gold and oil (and stocks) may suffer as FRODOR has been down for nearly a year:
I'm just reporting this and have no fixed opinion on it.
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