Comments on: Secular Gold Bull Market Finished? http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html Freshly squeezed market commentary & analysis Fri, 21 Nov 2008 10:39:14 +0000 http://wordpress.org/?v=2.0.2 by: Double Top In Gold & Oil http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-23137 Tue, 04 Dec 2007 00:25:39 +0000 http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-23137 [...] My previous position on gold has been wrong. At least so far. I didn’t think it would punch through the resistance at $725 but there it is, firmly established above that level now. So take the following with a truckload of salt: [...] […] My previous position on gold has been wrong. At least so far. I didn’t think it would punch through the resistance at $725 but there it is, firmly established above that level now. So take the following with a truckload of salt: […]

]]> by: The Myth Of Gold As Safehaven http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-10266 Tue, 31 Jul 2007 18:33:41 +0000 http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-10266 [...] If you don’t believe me, go back to any stock market crash and see for yourself. And if you’re still a gold bug, it may be time to face reality and accept that our recent gold bull market is over. crash, gold, gold bugs, gold stocks, HUI, safehaven, SPX, stock market crash [...] […] If you don’t believe me, go back to any stock market crash and see for yourself. And if you’re still a gold bug, it may be time to face reality and accept that our recent gold bull market is over. crash, gold, gold bugs, gold stocks, HUI, safehaven, SPX, stock market crash […]

]]> by: Babak http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-9758 Mon, 23 Jul 2007 17:25:13 +0000 http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-9758 jp, you're right. I fall on the side that no matter how much more data (quantity) you may get from the XAU, the relevance of the data (quality) matters more. Using the XAU we fall into the trap of thinking that it is a gold index when in reality it is a mishmash of gold, silver, copper, platinum, and other (semi-)precious metals. jp, you’re right. I fall on the side that no matter how much more data (quantity) you may get from the XAU, the relevance of the data (quality) matters more. Using the XAU we fall into the trap of thinking that it is a gold index when in reality it is a mishmash of gold, silver, copper, platinum, and other (semi-)precious metals.

]]> by: jp http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-9757 Mon, 23 Jul 2007 16:58:14 +0000 http://www.tradersnarrative.com/secular-gold-bull-market-finished-1171.html#comment-9757 If you do the same exercise with the XAU the results are a bit different. Using the XAU, the k ratio is still closer to the bottom of its 24 range than the top, demonstrating that perhaps the gold market hasn't peaked. Granted, the XAU has a lot of non golds. But the fact that it has so much more data than the HUI helps compensate. (only back to 1996 versus 1983) If you do the same exercise with the XAU the results are a bit different. Using the XAU, the k ratio is still closer to the bottom of its 24 range than the top, demonstrating that perhaps the gold market hasn’t peaked.

Granted, the XAU has a lot of non golds. But the fact that it has so much more data than the HUI helps compensate. (only back to 1996 versus 1983)

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