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Gold
Sector
(05/18/2007)
“Paper
money eventually returns to its
intrinsic value ---- zero.”
Voltaire ( 1694-1778 )
|
FSAGX, XAU,
HUI and GOX Gold Indexes Chart
( * Updated Daily * )
Multiyear Select Gold resistance chart:
The above chart displays the current Select Gold
roadmap.
Gold Stock Percentage Premium
The above chart compares Select-Gold, XAU and
Comex-Gold.
The curves are plotted on a percentage basis, so the
premium
that the Gold stocks enjoy over bullion may be compared
over time.
The chart shows when this percentage premium shrinks to
the bullion
level, a strong Gold stock rally follows.
The below chart displays Gold Sensitive Funds and
Indicators.
FSAGX, XAU, CRB, US$ and Comex-Gold Chart
Multiyear XAU Gold Index Chart.
XAU Chart
The below XAU Gold & Silver Index Chart shows the "Gold
Stocks"
volatility and trading range.
XAU Gallery Chart
What About Gold?( 01/31/05)
Richard Russell When asked "What about gold
in this environment of gradual inflation?",
Russell replied that he never worries about
the price of gold. Gold is real money, he
points out, and at some point in time it's
going to skyrocket in price, taking gold
stocks along with it.
Russell believes that a person should decide
on an amount of gold that's right for them,
buy it and then forget about it. It's like
an original Picasso or an autographed letter
from George Washington: you just keep it,
knowing it represents the safest part of
your wealth, knowing you can will it to your
children or grandchildren.
What Russell does worry about is dollar
denominated assets, because in a primary
bear market like the one that is getting
underway, everyone loses; the winner is the
one who loses least.
|
A Christmas Card From James Grant
Richard Russell Russell discusses James
Grant's views on what an investment in gold
really represents. It is not, he says, a
commodity to be bought and sold in hopes of
turning a profit. You don't own real money
to trade; you own it because you appreciate
the inherent weaknesses of fiat currencies.
History shows us that, eventually, all fiat
currencies fail. The US dollar is set to
become the next casualty, although it may
take a few years to dwindle away to
worthlessness. One way of prolonging the
dollar's life is to spend less and save
more, a sure-fire recipe for recession, and
something the Fed wants to avoid at all
costs.
To that end, they will continue printing
dollars and inflating away their value. And
there it is - the real reason for owning
gold.
http://www.selectsectors.com/russ122904.htm
|
The
Merk Hard Currency Fund ( MERKX )
is a no-load mutual fund that invests in a
basket of hard currencies from countries
with strong monetary policies assembled to
protect against the depreciation of the U.S.
Dollar relative to other currencies.
|
Another approach to defending against the
decline of the U.S. Dollar is to invest in
nondollar-denominated securities, such as
Fidelity International Small Cap(FISMX),
Dodge & Cox International Fund (DODFX) and
Vanguard International Explorer(VINEX).
Checkout their performance chart:
The above is for information only and is not
a recommendation.
|
What
is better than:
Money in the bank? Stocks? Bonds? Mutual Funds?
A 401k? An IRA? Even gold mining stocks? Gold ETFs?
Gold Futures? Gold Options?
|
Hourly Charts Updated Daily
Select-Gold
Energy, Energy-Sv, Nat-Gas, Nat-Resource
Computers, Dev-Comm, Software, Tech, Defense
Electronics, Telecomm, Wireless, Networking
Brokerage, Finance, Home-Finance, Insurance, Banking, Utilities
Air-Trans, Transport, Ind-Equip, Ind-Mat, Paper-Fst
Automotive, Chemicals, Construction, Environmental, Cyclical
Bio-Tech, Health-Care, Medical-Deliv, Medical-Equip, Pharmaceuticals
Consumer, Business, Food-Agr, Leisure, Multimedia, Retail
Note: Positions in any of the above Sectors would require
protective and trailing stops. Where
protective stops take you out on large daily/hourly
negative NAV changes and
trailing stops take you out when the NAV declines
from it's peak value by a specified stop percentage. (e.g.)
6% or a moving average crossover has occurred.
|
Market Indicators
(05/18/2007)
Special Note:
Please remember that it is not, how much you make
that is important,
but how much you KEEP.
Now is the time to PLAN your market exit
strategy for preserving your capital.
|
Whenever all three of the indicators turn
Red,
for either the NYSE or the NASDAQ,
the market Risk is
Great, and it is best
to
stand aside. ( Switch to Money Market or hedge your
portfolio. )
|
Gold
Sector
(05/18/2007)
“Paper
money eventually returns to its
intrinsic value ---- zero.”
Voltaire ( 1694-1778 )
|
FSAGX, XAU,
HUI and GOX Gold Indexes Chart
( * Updated Daily * )
Multiyear Select Gold resistance chart:
The
above chart displays the current Select Gold roadmap.
Gold Stock Percentage Premium
The above chart compares Select-Gold, XAU and
Comex-Gold.
The curves are plotted on a percentage basis, so the
premium
that the Gold stocks enjoy over bullion may be compared
over time.
The chart shows when this percentage premium shrinks to
the bullion
level, a strong Gold stock rally follows.
The below chart displays Gold Sensitive Funds and
Indicators.
FSAGX, XAU, CRB, US$ and Comex-Gold Chart
Multiyear XAU Gold Index Chart.
XAU Chart
The below XAU Gold & Silver Index Chart shows the "Gold
Stocks"
volatility and trading range.
XAU Gallery Chart
What About Gold?( 01/31/05)
Richard Russell When asked "What about gold
in this environment of gradual inflation?",
Russell replied that he never worries about
the price of gold. Gold is real money, he
points out, and at some point in time it's
going to skyrocket in price, taking gold
stocks along with it.
Russell believes that a person should decide
on an amount of gold that's right for them,
buy it and then forget about it. It's like
an original Picasso or an autographed letter
from George Washington: you just keep it,
knowing it represents the safest part of
your wealth, knowing you can will it to your
children or grandchildren.
What Russell does worry about is dollar
denominated assets, because in a primary
bear market like the one that is getting
underway, everyone loses; the winner is the
one who loses least.
|
A Christmas Card From James Grant
Richard Russell Russell discusses James
Grant's views on what an investment in gold
really represents. It is not, he says, a
commodity to be bought and sold in hopes of
turning a profit. You don't own real money
to trade; you own it because you appreciate
the inherent weaknesses of fiat currencies.
History shows us that, eventually, all fiat
currencies fail. The US dollar is set to
become the next casualty, although it may
take a few years to dwindle away to
worthlessness. One way of prolonging the
dollar's life is to spend less and save
more, a sure-fire recipe for recession, and
something the Fed wants to avoid at all
costs.
To that end, they will continue printing
dollars and inflating away their value. And
there it is - the real reason for owning
gold.
http://www.selectsectors.com/russ122904.htm
|
The
Merk Hard Currency Fund ( MERKX )
is a no-load mutual fund that invests in a
basket of hard currencies from countries
with strong monetary policies assembled to
protect against the depreciation of the U.S.
Dollar relative to other currencies.
|
Another approach to defending against the
decline of the U.S. Dollar is to invest in
nondollar-denominated securities, such as
Fidelity International Small Cap(FISMX),
Dodge & Cox International Fund (DODFX) and
Vanguard International Explorer(VINEX).
Checkout their performance chart:
The above is for information only and is not
a recommendation.
|
What
is better than:
Money in the bank? Stocks? Bonds? Mutual Funds?
A 401k? An IRA? Even gold mining stocks? Gold ETFs?
Gold Futures? Gold Options?
|
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|
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/exr24_bp_en_2.gif)
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The Number of
Highs exceed the Number of Lows. 
The
McClellan Oscillator
continues in Negative territory.
