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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Julian Augustus who wrote (10344)4/6/2005 2:48:49 PM
From: TrueScouse  Respond to of 18308
 
ja:

<gold has appreciated with respect to the yen, the euro, the swiss franc, and the spx from a longer-term perspective (i.e., from 2000).>

Thank you. That's precisely what I was trying to say! Just to clarify the rise in gold against the S&P, I've inverted the previous ratio graph and shown it from 1999 to the present...

stockcharts.com[w,a]whlayyay[d19990101,20050406][pb14!b52][vc60][iut!Ll14!Lah12,26,9!La12,26,9!Lb14]&pref=G

Sure looks to me like the POG in a strong uptrend relative to the S&P, with 2 years of consolidation. I expect a continuation of the trend starting this year.

Regards,
Howy



To: Julian Augustus who wrote (10344)4/6/2005 3:32:39 PM
From: tyc:>  Respond to of 18308
 
OK Howie and Julius. I guess it all depends on the definition of the words we use..... semantics ! Thanks for interesting brief discussion.