I no longer own RGLD as the profit taking urge was too great and RGLD, while a quality entity, is not gold after all. Nor is SLW silver, but I continue to hold it as it is (IMO) the highest quality entity in the silver sector, short of silver itself.
The SLW-RGLD ratio is flashing a bullish divergence from deeply over sold. This is important to we gold bug types, but also whether they know it or not, to global market casino patrons. If divergence morphs to price action in the next month or two it would fit very well with NFTRH's current theme.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
The SLW-RGLD ratio is flashing a bullish divergence from deeply over sold. This is important to we gold bug types, but also whether they know it or not, to global market casino patrons. If divergence morphs to price action in the next month or two it would fit very well with NFTRH's current theme.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
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