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The GDX GLD ratio is approaching .45 and that is where tops are made.
Recently that has been the case. But the high on this ratio since the gold bull market began is over .70 so this ratio could definately break out thru this level. Where both the GDX and GLD are in all-time high territory it will be interesting.
great chart!
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GDX:GLD ratio
Posted by ditch on 8th of Nov 2010 at 09:41 pm
The GDX GLD ratio is approaching .45 and that is where tops are made.
Recently that has been the
Posted by parrrich on 9th of Nov 2010 at 07:05 am
Recently that has been the case. But the high on this ratio since the gold bull market began is over .70 so this ratio could definately break out thru this level. Where both the GDX and GLD are in all-time high territory it will be interesting.
great chart!
Posted by frtaylor on 8th of Nov 2010 at 09:45 pm
great chart!