"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, January 26, 2012

HUI vs. SPX

Monthly HUI-SPX ratio chart shows that the 'bullish gold stocks vs. broad market' stance is still a good one.  Too bad so many casino patrons insist on feeling good and buying what everyone else is buying instead of thinking about risk vs. reward on an ongoing basis.  Even better news is that the smaller miners and explorers are out performing the seniors as represented by the HUI.










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