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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.