recession indicator Crude Oil / Gold

Recession periods, normally, there is a weak demand for commodities (oil down) and Gold, as real protection asset, goes up.

This chart shows these recessions and how the indicator oil/gold went down. So, it’s a way to look high probabilities of recession in coming months.

There is a green line showing USDBRL, to Brazilians understanding how protect their assets against crisis: US dollars!