SPY-GLD ratio

The sad truth is that anyone who has been awaiting the popping of the gold "bubble" while remaining a stock market bull is nothing but a (casino) patron of a system that ended in 2000.  That is a long way of saying 'a loser', regardless of how nominal SPX may have performed - which is pretty lame over the cycle thus far.

I am not chest thumping on a good PM day because I lean toward the ultimate bottom not yet being in on silver, the gold stocks and possibly gold.  I am not a 'rah rah... GO GOLD!' type of hump.  I am just somebody that can read the most basic of charts and think 'duh'.  You're hooked up with the mainstream financial community?  You're hooked up with secular under performance.  The world changed in 2000.

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