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Re: ABX/Gold Ratio Chart/Back to 2008 lows

Trades,
After reviewing my P & F charts of the TSX Gold Index, I think that we have have seen the bottom last week. Doesn't necessarily mean that the index will roar back up - could be some consolidation first. But, this chart gives a nice "heads up" since ABX is 17 % of the index.
If this ratio continues down, we could be in for a prolonged weakness. It will bankrupt Slava!

Best!

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*