The Dow/Gold Ratio Is Soon to Head Down to New Lows
It is my contention that the Dow/Gold Ratio has just topped out in its uptrend & is soon to head down to new lows (perhaps down to 2:1 or 1:1)
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It is my contention that the Dow/Gold Ratio has just topped out in its uptrend & is soon to head down to new lows (perhaps down to 2:1 or 1:1)
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On July 29, New York gold price closed at $1,097.20 up $1.60. The dollar was a cent stronger at $1.0963, with the Dollar Index stronger at 97.31 up from 96.64. This morning, July 30, the London LBMA gold price was set at $1,085.65, down $1.10. The euro equivalent was €989.43, down €1.80 on yest...
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The situation on the paper gold market shows that speculators are massively short on gold currently (even more so since they’re anticipating a friendly settlement for Greece). On the other hand, the commercials have taken the opposite side of the trade. Generally, this is a typical signal of a p...
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Imports = 119 tonnes Exports = 108 tonnes
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Transcript: 1) Gold broke last week a downtrend started in mid-May while silver remains within the downtrend with no indication as of now it intends to follow gold and break out to the upside. Gold stopped short of $1,195 resistance level and silver dropped from $16.2 and is approachin...
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Harry Dent (the one predicting gold at $700) is now being joined by many long-time bugs who are seeing gold plummet toward $1,000-$900... before it takes off to $5,000! I call this the final capitulation of the analysts. They are throwing the towel on this frustrating sector and their short- and...
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So many articles and books have been written about gold as money, but so few about silver. However, a lot more silver has been used as money than gold, mostly because of its lower value and therefore being easier to transact for day-to-day needs.
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Max Keiser interviews Egon von Greyerz about negative interest rates/wealth confiscation and the top three candidate bubbles.
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Interview with David Morgan (The Morgan Report - Silver-investor.com) on silver and its relation to gold
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From 20th March 2015 the historic London Gold Fix will be discontinued and replaced by the LBMA Gold Price.
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