Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

ABX/Gold Ratio Chart/Back to 2008 lows *PIC*

The ABX/GLD Ratio chart that shows the dramatic underperformance of Barrick Gold which is the largest cap Gold stock and highest profile stock in the Gold stock group along with a dominant position in most Gold stock ETFs is back to the Oct 2008 lows double bottom. The Gold stocks are the most oversold they have been in decades from what I read. Doesn't mean its up up and away but it does suggest keeping an eye on them for a change in character.

Messages In This Thread

ABX/Gold Ratio Chart/Back to 2008 lows *PIC*
Re: ABX/Gold Ratio Chart/Back to 2008 lows
Re: ABX/Gold Ratio Chart/Back to 2008 lows/S.Bear *PIC*