also notice that AG fell from a high of 19.15 in Aug to a low of
6.65 last week, shows you why you always want to take some profits
and set tops even if you bought some of these gold stocks earlier
this year as long term plays, no reason to give back that much
You can, but I don't think it's better (or gives you any edge
over plotting in relation to gold) than just plotting the silver
stocks in relation to gold, since gold is not as whippy and
volatile as silver and they are correlated to gold
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AG Silver stock
Posted by matt on 31st of Oct 2016 at 10:13 am
AG - Chart Link - lower risk double bottom support play?
also notice that AG fell from a high of 19.15 in Aug to a low of 6.65 last week, shows you why you always want to take some profits and set tops even if you bought some of these gold stocks earlier this year as long term plays, no reason to give back that much
Matt, do you ever use
Posted by EdZ on 31st of Oct 2016 at 10:21 am
Matt, do you ever use the price (Silver Stock):SLV price ratio for silver stocks? Seems to work just as well as the (Gold Stock):GLD price ratio.
You can, but I don't
Posted by matt on 31st of Oct 2016 at 10:34 am
You can, but I don't think it's better (or gives you any edge over plotting in relation to gold) than just plotting the silver stocks in relation to gold, since gold is not as whippy and volatile as silver and they are correlated to gold