"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, May 3, 2012

Run Away!

That's it gold bug momos, run and don't look back!  We need you gone. 

Meanwhile, here's the updated GDXJ-GDX ratio, which continues to diverge the bearishness on a day when my portfolio is actually a teeny green thanks to a few good performers.














http://www.biiwii.blogspot.com
http://www.biiwii.com

2 comments:

  1. Gold bug momos? I thought they died a while back. There is no one left here.

    ReplyDelete
    Replies
    1. They never really die PK. More like suspended animation until it comes time to tout again.

      Delete