Monthly Archives: March 2015

3103, 2015

S&P/XAU Ratio

March 31st, 2015|Uncategorized|

The S&P 500/ XAU (Philadelphia Gold & Silver Mining Index) ratio chart below illustrates the extent gold mining shares are out of favor relative to the general equity market. The current ratio of 30.42 is […]

2203, 2015

GOLD SEASONALITY

March 22nd, 2015|Uncategorized|

According to work compiled by Dimtri Speck, June historically has been the seasonal low for gold prices in USD.  Why? The general explanation being nothing more than the summer vacation season causes less liquidity and […]

1603, 2015

GOLD PRICE ADVANCING IN ALL CURRENCIES

March 16th, 2015|Uncategorized|

Slowing global economic growth along with competitive currency devaluations is showing up in gold prices denominated in various currencies.  The gold price is experiencing significant technical break-outs to the upside in terms of yen, euro, […]