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

To: loantech who wrote (27959)	6/2/2012 3:01:37 PM
From: IngotWeTrust	10 Recommendations Read Replies (3) \| Respond to of 29622

Ecrie = Very cautious and conserves cash? *Not a chance~~!~~* Ecire is a wannabe HFT with little + cash flow and most assuredly "negative profits" to show at the end of the year, but humongous brokerage fees and very high lost opportunity costs. He does like spouting the party line, and being a 40th cousin removed mouthpiece for the squid, it should be noted. How he has time to HFT and post prodigiously on here during the trading day is a sight to behold. BTW, your magnanimous "playing senior statesman role" on here is hard to swallow, Tom. Wasn't too long ago you were attacking anyone in skirt (MOI) that hailed from the PDX area where you are dug in as I recall. How's that robo-signing/leveraged mortgage backed securities gig workin' fer ya?--Still slaving away for that corrupt system which is racking up foreclosures in the 25% PLUS bracket for the last couple years. Do you shudder when Case-Schiller comes out? Gawd, I miss the old days. -vbg- You had a winner since Silver Wheaton? Tell me 'bout it.

To: loantech who wrote (27959)	6/3/2012 1:03:11 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 29622

THE GOLD SHARE/GOLD FUTURES RATIO BUY SIGNAL Richard Rhodes Over the past week, we've seen gold shares gain sponsorship without the physical gold metal rising. Perhaps this was the "canary in the coal mine" as they say, but gold prices roared ahead yesterday from a low of $1545 to a high of $1632 before closing at $1627. This put in place a rather bullish key reversal higher from major support between $1500-to-$1550. We find this rather positive for further gains, which many would equate to some level of European/US/Chinese liquidity measures. But what we find more interesting is the fact that the Gold Share/Gold Futures Ratio (GDX/$GOLD) nearly reached the lows it formed in October-2008 at roughly .25. Thereafter, a rather spirited rally began to the benefit of GDX; and we look for the same type of run to develop at this point. Clearly the 30-week stochastics of the ratio is at oversold levels; and also confirming this is the longer-dated 21-week RSI that hit oversold. The last time the 21-week hit oversold, then the aforementioned spirited rally began. Hence, we believe we are in the nascent stages of a bullish run in gold and gold shares, with gold shares taking the lead. We are buyers of gold shares on weakness; and look to be involved in the trade for many months. Stop losses can put placed at the recent lows or a bit higher. Good luck and good trading, Richard blogs.stockcharts.com GZ