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Strategies & Market Trends : Mike's Big Adventure Trading Forum

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To: nspolar who wrote (598)3/3/2006 8:36:14 PM
From: Square_Dealings  Read Replies (1) of 1791
 
I agree on the syncronized dive coming. I still think gold and silver physical will hold up relative to stocks though. People still think mining stocks and gold ETFs are the same thing as the real thing

HUI is way ahead of itself relative to price of gold imo

I think this is a big double bottom potentially
stockcharts.com[h,a]dacaynay[d19950303,20060303][pc40!b8!f]&pref=G

I still dont trust the gold ETF (GLD) or any other ETF (derivative) so it wouldnt surprise me to see the price of GLD stop tracking physical gold price. The futures markets are showing backwardization, where the cash price is stronger than futures indicating tight supply

m
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