Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Golden Gains come After the Pain

% of readers think this story is Fact. Add your two cents.


Golden Gains come After the Pain
 

<div id=”News Realease Content” class=”Verdana12ptTeal align=” left”=”" style=”font-family: Verdana, Geneva, sans-serif; font-size: 12px; color: rgb(77, 112, 134); line-height: normal;”>

Richard (Rick) Mills

Ahead of the Herd

Page 1 of 2

 

As a general rule, the most successful man in life is the man who has the best information

 

HUI/Gold Ratio, National Inflation Association

 

When the HGR is rising, gold stocks are outperforming gold.  Conversely when the HGR is falling, gold is outperforming gold stocks. 

 

 

Since 1996, the HUI/Gold ratio has averaged 0.363.The all time low HUI/Gold ratio was set on November 17, 2000 when it bottomed at 0.135.

 

The HGR closed Wednesday November 20th at .148.

 

The above data tells me gold mining stocks are extremely undervalued and way oversold compared to the price of gold. Can I make some money off that bit of knowledge, am I looking at a potentially profitable investment into a few well chosen gold company’s, do I wait a bit or pull the trigger now?

 

Let’s investigate further and look at a couple of charts (the following four charts are from marketwatch.com)…

 

NYSE Gold Bug index (HUI)

 

 

 

PHLX Gold/Silver Index

 

 

 

 

The two above index’s are excellent proxies for what’s going on in the gold sector. But you can’t invest in an index so let’s look at a couple of investable barometers and see what they show us…

 

Gold Miner ETF (GDX)

 

 

 

 

Junior Gold miner ETF (GDXJ)

 

 

 

 

It looks to this writer like a bottom.

 

BUT

 

What are gold and gold stocks going to do. Are they going up, down or staying flat?

 

Because we’re smart ahead of the herd contrarian buyers – the buy low sell high kind of buyer – we need additional confirmation if there’s a buying opportunity currently being presented in gold stocks, or, is there perhaps a little more pain before the golden gains?

 

The Federal Reserve tried to fix the U.S. economy by Quantifornication - stimulus measures.

 

Investors reacted to the Fed’s unconventional efforts. Since the U.S. dollar is the world’s reserve currency and precious metals are priced in dollars they bought gold and silver to protect their wealth against currency devaluation and inflation. Gold catapulted to a record in 2011 as investors wagered on higher inflation and a weakening dollar.

 

The Fed ended its bond-purchasing program in October of 2014 and is expected to start raising interest rates sometime in 2015, experts are talking June/July.

 

1|

2|

Next»

 



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes:

Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.

Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.

Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.

Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.

Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.