Wednesday, December 12, 2012
Friday, November 2, 2012
Saturday, September 15, 2012
Saturday, June 9, 2012
Wednesday, May 23, 2012
Don't give in to emotion
The last few weeks have been quite brutal for holders of gold mining stocks. The HUI index has plummeted 30% since March 1st. However, during such turbulent and agonizing times, it is important to take a step back and look at the big picture. Charts often come in handy when painting a visual of price performance and putting movements like this in context. As quick as stocks like gold mining stocks can be to drop, they can be even quicker to rise. Take a look at the below chart of price performance of the HUI over the last month. Analyze specifically the period from April 23rd till today (May 23rd). What essentially happened in that total price drop over the first 18 trading days was recovered in just 5 trading days. The index is back to where it was on April 23rd, after bottoming out May 16th. It is very important that we do not forget how fast the dynamics can change in our favor if we have the grit to hold on to fundamentally sound positions.
Labels:
bull market,
chart,
commodities,
dowgold ratio,
gdx,
gdxj,
gold,
gold bugs,
gold bull market,
gold miners,
HUI,
newmont,
silver
Wednesday, May 9, 2012
Next gold support line at $1550
Labels:
breakdown,
breakout,
bull market,
chart,
collapse,
commodities,
debt,
gdx,
gdxj,
gold,
gold bugs,
gold bull market,
gold miners,
HUI
Monday, April 16, 2012
Gold vs. USD long term
Labels:
chart,
commodities,
debt,
dow,
dowgold ratio,
gold,
gold bugs,
gold bull market,
gold miners,
historical,
HUI,
long term
Two and a half cenutries CRB
Labels:
chart,
commodities,
crb,
economy,
gold,
historical,
long term,
silver,
spx,
technical analysis
Sunday, April 8, 2012
Gold MUST reverse NOW
A failure to bounce of the 2008 uptrend line would signal a key technical breakdown and possibility of significant further downside.
Labels:
bond,
breakdown,
breakout,
bull market,
collapse,
debt,
gdx,
gdxj,
gold,
gold bugs,
gold bull market,
gold miners,
HUI,
technical analysis,
USA
Wednesday, March 28, 2012
Friday, March 23, 2012
Exxon (XOM) resistance at 86
Labels:
breakdown,
breakout,
bull market,
exxon,
oih,
oil,
oil stocks,
USA,
xoi,
xom
Tuesday, March 13, 2012
Saturday, February 25, 2012
Thursday, February 23, 2012
Wednesday, January 25, 2012
Friday, January 20, 2012
Thursday, January 19, 2012
Tuesday, January 17, 2012
Sunday, January 8, 2012
Monday, January 2, 2012
Look at Gold/Dow Ratio instead of Dow/Gold Ratio for Perspective
Oftentimes people look at the Dow/Gold ratio when determining how much further gold has to run in terms of historical ratios. Many believe that the ratio will approach 1:1 before there is a reversal in the gold bull and dow bear markets. However, a look at the Gold/Dow ratio instead of the Dow/Gold ratio show just how much further upside there is in gold. The Dow/Gold ratio, at this stage in the game, doesn't do a good job of demonstrating this to the naked eye. Long way more before the 1:1 level is reached.
Labels:
dow,
dowgold ratio,
economy,
gdx,
gold,
gold bugs,
gold bull market,
newmont
Subscribe to:
Posts (Atom)