Comments on: Guess Which Index Rallied 65% http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html Freshly squeezed market commentary & analysis Thu, 18 Mar 2010 06:35:55 +0000 http://wordpress.org/?v=2.0.2 by: Babak http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35838 Fri, 05 Dec 2008 14:12:38 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35838 pwallis, ah, ok. Here's the explanation: the reference to 0.80 is to the k-ratio as calculated by dividing Barron's GMI by the Handy Harmon price of gold. This is the original formula by Kaeppel. While I guesstimate this ratio by using the HUI index divided by the futures price of gold. That's where the confusion comes from! Thanks for pointing it out, I'll try to be clearer in the future to avoid further confusion. pwallis, ah, ok. Here’s the explanation: the reference to 0.80 is to the k-ratio as calculated by dividing Barron’s GMI by the Handy Harmon price of gold. This is the original formula by Kaeppel. While I guesstimate this ratio by using the HUI index divided by the futures price of gold. That’s where the confusion comes from! Thanks for pointing it out, I’ll try to be clearer in the future to avoid further confusion.

]]> by: p.wallis http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35836 Fri, 05 Dec 2008 00:20:36 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35836 Babak <a href="http://www.tradersnarrative.com/timing-gold-stocks-using-the-k-ratio-96.html">Here is the page</a> thanks. Babak Here is the page thanks.

]]> by: diego joachin http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35834 Thu, 04 Dec 2008 19:28:54 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35834 gold is across the trading blogs. All the comments are fundamental-bullish arguments. My spec is that gold (ETFs and derivatives) are being used for hedging long physical. I mean like putting longs of gold stocks and hedge them with ultra shorts like DZZ. That's putting tons of ask orders on any kind of gold derivative which graphically we see a 2008 down trend at gold. cash and not "paper" gold is being the true safe heaven. gold is across the trading blogs.
All the comments are fundamental-bullish arguments.

My spec is that gold (ETFs and derivatives) are being used for hedging long physical. I mean like putting longs of gold stocks and hedge them with ultra shorts like DZZ. That’s putting tons of ask orders on any kind of gold derivative which graphically we see a 2008 down trend at gold.

cash and not “paper” gold is being the true safe heaven.

]]> by: Babak http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35832 Thu, 04 Dec 2008 18:40:30 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35832 p.wallis, can you point me to the actual page? I can't find the quote you provided. p.wallis, can you point me to the actual page? I can’t find the quote you provided.

]]> by: p.wallis http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35829 Thu, 04 Dec 2008 16:33:15 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35829 Your last article described .80 on the K ratio as "unbelivable value" how does that compare to today. .03 ? Your last article described .80 on the K ratio as “unbelivable value” how does that compare to today. .03 ?

]]> by: VennData http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35828 Thu, 04 Dec 2008 16:30:56 +0000 http://www.tradersnarrative.com/guess-which-index-rallied-65-2108.html#comment-35828 The goldbugs will not rest until they've rid us of central banking and forced all currencies onto their "Bling Standard." Gold... it's bling. The goldbugs will not rest until they’ve rid us of central banking and forced all currencies onto their “Bling Standard.” Gold… it’s bling.

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