OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

The source of the PM stox weakness relative to Gold

Posted by Maddog @ 4:06 on September 24, 2024  

The first chart a Quarterly shows just how far the ratio has fallen….0.0665 to .0154 at present…… but now has a very good base to rally off ……and if we do get back to where it was, means the Hui/GDX will more than quadruple , if Gold just stay here.

The second chart a monthly show we still have a lot of work to do, to break out of the base, which in turn says this bull has a lot longer to run yet….and then when one looks at the Quarterly, it say the Bull in the shares hasn’t really started……

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.