Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 21 2017
By: Ira Epstein

Bitcoin, Bail Ins And Bullion
By: Mike Maloney

Tactics For The Gold Bull Era
By: Stewart Thomson

Dow Peaking? The Quick Guide to Diversifying Your Stock Profits
By: Jeff Clark

What History Says for Gold Stocks in 2018-2019
By: Jordan Roy-Byrne CMT, MFTA

Jack Chan's Weekly Precious Metals Market Update
By: Jack Chan

Synchronized Global Growth May Have Arrived
By: Frank Holmes

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
By: GoldCore

Asian Metals Market Update: November-21-2017
By: Chintan Karnani, Insignia Consultants

 
Search

GoldSeek Web

 
Why The PM Sector Is Now A Contrarianís Dream

By: Clive Maund

 -- Published: Monday, 17 August 2015 | Print  | Disqus 

In this update we are only going to look at one chart, because I donít want to dilute its impact by including anything else. There are many other charts supportive of a positive outlook for the Precious Metals sector going forward, which we will look at separately.

The chart we are now going to look at is the long-term ratio chart for the large cap S&P500 index divided by the XAU index for large cap gold and silver stocks. So that we can achieve a big picture overall perspective, our chart goes right back to the mid 80ís.

This astounding chart largely speaks for itself. The main point it makes clear of course is the extraordinary and extreme undervaluation of Precious Metals stocks relative to the broad stockmarket. This ratio is an amazing 9 times higher than it was at its 2011 lows! Another point revealed by this chart is that PM stocks are now much better value relative to the broad market than they were even at the PM sector low late in 2000, before the great PM sector bullmarket of the 2000ís began.

Finally, the MACD indicator at the top of this chart has risen to a wild unprecedented extreme reading, which means one of two things is going to happen Ė either the broad market is going to drop hard soon, which we are in fact expecting, or the Precious Metals sector is going to rally, or both at the same time. Either way you are much better off in Precious Metals stocks than in the broad market.


| Digg This Article
 -- Published: Monday, 17 August 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus

Web-Site: CliveMaund.com



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.