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

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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.

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

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

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