John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (14279)	7/5/2013 9:53:41 PM
From: pcyhuang	Read Replies (1) of 33421

John, you wrote: "CRUDE and Gold are currency proxies to a much greater degree than other commodities and other assets.." I think the bulls On Oil ($WITC) may hedge position with buying the major gold producer, NEM. The price of oil ($WITC) relative to the price of the major gold producer NEM is at a multi-year high. stockcharts.com stockcharts.com

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