Memorial Archives

Some Neat Charts
posted Aug 29, 2005 at 09:31PM

Actually gold stocks, as a sector, haven't done that bad given the adverserial environment of rate hikes. Probably the worst thing that can happen is for the economy to roll over even as the Fed keeps raising rates. That brings the spectre of positive real rates. I don't think the Fed has that in mind.

Silver starting to drag its knuckles

Actually the green dashed line should be red. Bearish price action but is oversold. Bulls need to dig in here or risk getting routed.

Again, the bulls need to step up to the plate.

Bullet Bullet Bullet