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Wednesday, August 17, 2005 3:07:39 PM
Gold/oil ratio.
Should be one of the better LT indicators that the next major wave up in gold stocks has begun. Would like to see the ratio get above 7.5 again before I get too excited about the turn being in place.
Should be one of the better LT indicators that the next major wave up in gold stocks has begun. Would like to see the ratio get above 7.5 again before I get too excited about the turn being in place.
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