Memorial Archives

HUI/Gold Ratio Charts
posted Dec 30, 2004 at 12:13AM

Given that I am mostly cash I must admit that my wet dream, market wise, is for those analysts (or "pundits" if you are cynical) that are calling for a 6 month plus dollar rally to be proven correct.

To me that would set up one of those rare sell your mother, morgage your lungs, put every nickel you got into gold, situations.

We will see. I am keeping an eye on this ratio chart. A break of the resistance trend-line would be a major technical buy signal.

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