Gold has reached all-time highs not only in nominal terms but by other measures as well. Is it overpriced now? What about Oil?
With the value of the dollar constantly changing it is hard to tell what it all means. After all, can you imagine trying to build a house if every day when the workers arrived you gave them a different size ruler?
With everything from lumber to bitcoins skyrocketing in price (or the dollar devaluing) is there any way to tell what the real value of something is? How much is anything really worth? Is Gold overpriced? How about Oil? Is it overpriced? Or is it cheap now that the price has come down slightly? Looking at these commodities in the standard way it is often difficult to tell.
See our Gold vs Oil chart to see how they they compare and determine if Gold is overpriced?
See: Gold vs. Oil Chart or Comparing Oil vs. Gold
