---
title: "Election Precious Metals"
url: https://independentstockanalysis.com/election-precious-metals/
description: "The Gold to Crude Oil Ratio is Getting Jiggy and looks to head much higher: Greg Harmon . “Gold is likely to move sharply upwards should Barack Obama be…"
published: 2012-11-06
updated: 2012-11-06
---

# Election Precious Metals

Published 2012-11-06

Posted on

by

J.J. Butler

The Gold to Crude Oil Ratio is Getting Jiggy and looks to head much higher: [Greg Harmon](http://dragonflycap.com/2012/11/06/the-gold-to-crude-oil-ratio-is-getting-jiggy/).

“Gold is likely to move sharply upwards should Barack Obama be given a second term in office, analysts say…a Romney win would result in a knee-jerk negative reaction in gold prices.” ([Mineweb](http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=161472&sn=Detail)) *ISA* thinks **hogwash**.

Meanwhile in the real world, government pensions are woefully underfunded, even assuming 8% returns in our zero interest rate world. [Economic Policy Journal](http://www.economicpolicyjournal.com/2012/11/the-20-worst-funded-government-pension.html)

“China is quietly becoming a gold superpower.” [Ritholtz](http://www.ritholtz.com/blog/2012/11/china-is-quietly-becoming-gold-superpower/)

A Tipping Point for Gold Companies by [Frank Holmes](http://www.usfunds.com/investor-resources/frank-talk/a-tipping-point-for-gold-companies/). Putting Gold and Gold Stocks in Proper Context at[Daily Gold](http://thedailygold.com/putting-gold-and-gold-stocks-in-proper-context/).

Silver Wheaton has underperformed yesterday and today on the heels of third quarter results. SLW produced more gold than they sold in the quarter; the increase in inventory caught analysts by surprise. *ISA* believes it irrelevant as SLW may well lead the sector breakout. [Forbes](http://www.forbes.com/sites/kitconews/2012/11/05/were-very-bullish-about-our-fourth-quarter-silver-wheaton-president-ceo/?partner=yahootix)

The precious metals complex has ripped higher late morning today…
