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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (14773)9/9/2008 8:28:03 AM
From: orkrious  Read Replies (2) | Respond to of 29622
 

A couple things I'm looking at on the HUI


an all time low in this ratio either means we are somewhere between a bottom and no bottom in sight




To: patron_anejo_por_favor who wrote (14773)9/9/2008 10:03:08 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 29622
 



To: patron_anejo_por_favor who wrote (14773)9/9/2008 10:06:51 AM
From: ItsAllCyclical  Respond to of 29622
 
For some reason chart was having problems posting w/other words. Either today/tomorrow is the low or GG will probably at some pt in the next 1-2 months retrace all the way back to the low 20's high teens. Not so far away anymore regardless. Again we appear to be the victims of forced liquidation via the CRB trade. I do think the Fed/Gov gets involved in the markets on a 1-2 day period, but again I don't believe gold is top on their agenda right now. I still do not subscribe to the theory that says this is all manipulation. It's simple too deep, too pervasive, too relentless.

NEM's chart also breaking down.