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abc1938

02/07/12 7:54 PM

#1986 RE: Navyvet004 #1985

stocks004---a lot of us feel that way and are buying as we can
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NYBob

02/08/12 1:04 AM

#1988 RE: Navyvet004 #1985

Gold is only trading 7,54% above the 50WEMA and 17.71% above
the 100WEMA, so compared to 1980, Gold is NOWHERE near a Bubble.




The same counts for Mining stocks, as measured by the HUI Index,
as it is trading roughly AT the 50WEMA and only 5% above
the 100WEMA:



When we look at the Gold-to-Dow Jones ratio, we can spot a
nice uptrend, but nowhere near going vertical.

However, when we look at the last 12 years, we can see that
when price was 30%+ above the 200WEMA or 15%+ above the 50WEMA,
it was time to be cautious.
On the other hand, when the ratio was 10% below the 50WEMA
and 200WEMA, this offered some nice buying opportunities:




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