For those who won't believe what a lousy investment "precious" metals really are.
Here's a chart of gold / CRB index of commodities testing a four year bottom
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9]
Here's a chart of gold /oil price at a new bottom
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9]
Here's a chart of gold /world oil shares testing a 4 year bottom
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9]
Here's a chart of gold / US Coal share index at a new bottom
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9]
Just to show I'm not prejudiced only against gold, here's a chart of copper / silver at a new high
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9]
And to show there's no ill feeling, here's a chart of gold / REIT (Real Estate Trust) index which speaks for itself
stockcharts.com[l,a]walaynay[dj][pd40,2][ilb14!la12,26,9] |
