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

Commentary : Gold Stock Review : Markets : News Wire : Quotes : Radio : Silver : Stocks - Main 
  
 GoldSeek.com >> News >> Story

 Disclaimer 

Latest Headlines


Gold Seeker Closing Report: Gold and Silver End Slightly Lower
By: Chris Mullen, Gold-Seeker.com

Enough is Enough
By: Theodore Butler

Precious Metals Benefit From Continued Dollar Weakness
By: Dr. Jeffrey Lewis

Gold in a Financial Crisis
By: Mark Motive

Waiting to Pounce on Precious Metal Profits
By: Adam Brochert

China's Rebalancing Should Be Good for Gold Demand
By: Ben Traynor, BullionVault

GoldSeek.com Radio Gold Nugget: Louis Navellier & Chris Waltzek
By: radio.GoldSeek.com

The Lesson of Greece for Flint, Michigan
By: Rick Ackerman, Rick's Picks

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

"Desperate Shot in the Dark" of Quantitative Easing "Will Boost Inflation & Gold" Say Analysts
By: Adrian Ash, BullionVault

Search

GoldSeek Web

 
Gold... and Gold Ratios



-- Posted Friday, 15 May 2009 | | Source: GoldSeek.com

By: Gary Tanashian

Here is one of those busy macro charts that help us tune out the noise of the moment and get a look at the interplay between various things. Gold, unique provider of value, insurance and safe liquidity that it is, has been biding its time in consolidation/correction against all the positively correlated stuff.


We do not fret this process, we welcome it. I believe we are in the process of wrapping up what has merely been a predictable resetting of human emotions encompassing fear, greed, regret and hubris.

People are funny animals, and they will come along and fall back in line at their due pace, once again fearful as the pendulum swings the other way. But a chart like this helps us check up on them. Check up on the status of the herd.

When gold under performs over the long term, it means confidence is high and da peeps feel like speculating. In this case however, gold is merely under performing in correction to what was an impulsive and unsustainable launch from September '08 to March '09. Da peeps' confidence is simply in a bear flag, a sucker's play.

Gary Tanashian

http://www.biiwii.com
http://www.biiwii.blogspot.com


-- Posted Friday, 15 May 2009 | Digg This Article | Source: GoldSeek.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 - 2012


© GoldSeek.com, Gold Seek LLC


GoldSeek.com Supports Kiva.org

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.

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.
OilSeek.com