"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

Wednesday, July 18, 2012

Updating the SLW-RGLD ratio

Using these two royalty companies strictly as an indicator, the Ag royalty company is in a cute little short term bottoming pattern in relation to the Au royalty company.  Make of it what you will, but SLW is expected to out perform RGLD during bullish phases, and the opposite during bearish.  It will be interesting to see if this pattern proves bullish.













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