Long term #gold, #silver and #mining co

A short article with several long term graphs.

First one: Gold

Second One : Silver

Third one : Gold / silver ratio. The recent silver run (and gold pullback) brought the ratio back to the 70s

Number 4 : The Barron’s gold Mining index is back up but still did not break the 2011 top.

The last one (and probably the most important to me) : The Barron’s Gold Mining index divided by the gold price.

It shows you how cheap mining companies are !

Happy Investing

Do not hesitate to contact me if you would like some gold stocks ideas (do not forget to read my disclaimer)

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CRB index is at the lowest level

Here is a long term chart (1914 – today)of the CRB Index (end of month) (LOG).

It represents a basket of 19 different commodities. Agricultural products and energy account for 80% of it and metals 20%.

We are approaching a major low so the end of the commodities bear market. Low prices are destroying supplies so when the current recession/depression will end, this index will start a new bull market.
Time to put commodities producers on your radar so you know in advance what to buy when it will be time to do so.

Elliott Wave Analysis (made by one of my closest friend Mr H., thanks to him)

Happy Investing

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Gold is up, but mining stocks are lagging and it will not last

In a normal situation (I mean historical), mining stocks should overperform gold when the underlying (metal) is raising.

In a gold bull market the gold shares are leading and now they are lagging. Something is wrong, terribly wrong.

I just took the GDX ETF, and the HUI and compared them to the gold price.

from the beginning of the year, stocks are really lagging

On a 3 years period, it is exactly the same.

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