• 260 days Will The ECB Continue To Hike Rates?
  • 260 days Forbes: Aramco Remains Largest Company In The Middle East
  • 262 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 662 days Could Crypto Overtake Traditional Investment?
  • 667 days Americans Still Quitting Jobs At Record Pace
  • 669 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 672 days Is The Dollar Too Strong?
  • 672 days Big Tech Disappoints Investors on Earnings Calls
  • 673 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 675 days China Is Quietly Trying To Distance Itself From Russia
  • 675 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 679 days Crypto Investors Won Big In 2021
  • 679 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 680 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 682 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 683 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 686 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 687 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 687 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 689 days Are NFTs About To Take Over Gaming?
Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

  1. Home
  2. Markets
  3. Other

A Golden Opportunity

Bear catching salmon

In what has become a rite of spring for us - we emerge from the torrent well fed and docile. After feeding in the stream as precious metals bears for the better part of the year - we may even want to be their friends this time.

Although still looking for traction to take hold in the miners, the GDX:GLD ratio comparative we have highlighted since January appears to be tracing out a low with the divergent momentum characteristics we had expected.

All things considered - we'll let you know if nature gets the best of us and we decide to eat our new companions. Until then - consider us golden.

BKX:SPX 2008/2009 versus GDX:GLD 2012/2013 Daily Chart

 

Back to homepage

Leave a comment

Leave a comment