Simple is as Simple Does
How many here have been an board this Ride from the Start .
Monthly Line Chart…The simplest of simple
Bull Years…………50 to 600 … Up 1200% in 10 years
Bear Years (so far) ..600 to 150…Down 75% in 3 1/2 years
(Buy and Holders from 2001 are still up 200% )
Notice the Mother of All Negative Divergences..the RSI has been falling since 2003 !
Sometimes we need to go simple
back to the stupid does bench with me…
LOL Grin
Ridiculous eh ?
Mountain Gold Lives !
I cant really believe it after all these yrs. look at that goldcorp slide I posted. Peak discovery world wide 147m ozs in 1995. 2013 discoveries? = about 7m ozs….
537%hui fully against s&p 28 or something
Grin…that IS the most astounding figure I have heard yet
You are the only one I have seen to have noticed this…
That’s should be BULLISH for Gold ..but Bearish for Miners
Either they stopped looking or there is no more !
Sheesh
PS…do you have a link ?
from the highs and lows fwiw
188 hui today div by 35 low =537%
spx 2093 today div by 1553 = 34.7%
over 15 yrs, who nailed any of those highs and lows is beyond me.