America's Economic Future – A Discussion By Ted Kavadas
I have made various comments about Gold over the last few months. One aspect during Gold’s price increase that I have noted as disconcerting is the relative lagging performance of the Gold stocks. I use the HUI index as a proxy for Gold stocks. As one can see on the daily chart below, the Gold …
Gold’s recent price performance has been very strong. There are, however, quite a few indicators that, from a historical perspective, seem to disconfirm Gold’s current price, which as I write this is $1101 for the December futures contract. One of the factors that seems to be speaking against Gold is the lagging performance of the HUI …