HUI:GOLD RATIO
This All Important Ratio has been in a bear market since 2004
After Rising Strongly from 2001 to 2004
All through the Bull Run in Gold from 2006 to 2011…this Ratio Dropped. !
It bottomed during the 2008 GFC but failed to rally much as Gold went Parabolic
Then it crashed below the 2008 Bottom where it has languished for years.
It’s TIME for Gold Stocks to lead the new Gold Bull and This Chart is Promissing !!
YaaaaaHUIiiii
T’is a beautiful chart, Sir Fully. And just look at that positive divergence on the TSI oscillator!
Buy low. Nailed it.
Look what happened when TSI crossed the ‘zero line’ in late 2001/early 2002 – boom !!!
I remember that ‘boom’ well; late 2001 to 2004 was my best run ever.
It may be just a difference in my risk-aversion now,
… but I don’t think the 2020 bottom is comparable.
In 2000 and 2001 Inflation was leading the Miners.
Now the Lack of inflation is a drag on the Miners.
https://goldtadise.com/?p=463260