Tuesday, September 27, 2011
Saturday, September 17, 2011
Oil historically cheap measured in real money (gold)
Oil has historically found firm support around the 0.03-0.04 ounces/barrel level, which has been considered to deem it "cheap" or "undervalued" compared when measured in gold. An opportunity might be approaching soon for oil to start outperforming gold from these levels.
Wednesday, September 7, 2011
GDX BREAKOUT?!
Very strong chance the large cap miners (GDX) have broken out to the upside of their year long consolidation pattern. If this move is for real, expect an explosive upside move.