The Stock Sage

A Real Bottom for Gold Miners

The gold miners (GDX) have seen more false bottoms than a 1920s gangster's safe house, however, this time we might have a REAL bottom - check it out: Click to enlarge Gold is also ...

The Gold/Silver Ratio is Approaching an Extreme Level

The gold/silver ratio is an excellent measure of overall market risk appetite, particularly when it reaches extremes. Last April the ratio nearly fell below 30 in a powerful indica ...

Commercials Cover

Commercials became less short while specs became less long: Click to enlarge ...

Don’t Call it a Comeback….Yet

The gold miners ETF (GDX) staged its most impressive rally in months today: Click to enlarge Given the considerable damage done to the GDX chart during the last two months and the ...

The Golden Trendline

Gold continues to confound and confuse bulls & bears alike as it trades within a narrow range which has recently been centered around the $1640 level. However, as time has worn ...

Unprecedented Indecision

Gold continues to exhibit an unprecedented level of indecision as it ping pongs back and forth between the 1620s and the 1670s - we all know that a major breakout is brewing the qu ...

Two Stunning Charts of the Gold Miners

Two charts help to illustrate the full extent of the current depressed nature of gold share prices - four year charts of the ratio of the HUI (Gold Bugs Index) to the gold price it ...

The gold miners (GDX) have seen more false bottoms than a 1920s gangster's safe house, however, this time we might have a REAL bottom - check it out: Click to enlarge Gold is also showing strong signs of having found support in the $1530s - yesterday's long legged doji on GLD is confirming higher today: As I more ...

May 17, 2012 (0) comments