警报-贵金属趋势有变

iamwym

There is one alarm I would like to mention, which is a trend reversal for correlation between stocks and commodities.

In the past several months, commodities like crude oil, gold and base metals, normally track stock market. However, from this week, or later last week, gold and silver are no longer tracking stock market.

What does this mean?  This means big money is beginning to use precious metals to reduce their position in stock market. Now the trend is not that abvious but we need to pay attention to this. When gold becames a reversal indicator of stock market, it is undoubtly to buy gold to hedge your long position.

catbaby

金牛银熊

colderdown

GLD already broke out since last Fri.

invest4long

hi-liter

go up?

goldbug

Can gold and usd both up this time?  If not, then USD up, A shares down, SPX down, oil down, gold down, bond flat to up.

人无完人

coexist

thanks

hbw

黄金还在三角形之中。

Rosemary1

1# iamwym


Thanks.

Does GLD or SLV have time-value decay? These are gold or silver future contracts, like USO. I am a little worried that they may have decay, too.

revolver

黄金还在三角形之中。
hbw 发表于 2009-9-1 21:25

Correct, but it's almost reaching the end of the triangle. The next 1 week is key.

北京哥哥

10# hbw


是的，但以前的趋势是。。。。。。上升

trueself

1# iamwym


thanks!

iamwym

11# Rosemary1
The answer is no decay for GLD for sure, but for SLV, not fully investigated yet, at least my impression is no decay.

View

Thanks.

View

Thanks.

revolver

Gold

revolver

Powerful break-out could be imminent.

goldbug

up or down?  Waiting...
My guess is down though.