Serious investors should make a habit of watching key ratios related to gold. They all suggest that it is still a great opportunity to buy gold & silver and/or their miners.
Read More »Gold & Gold Stocks: A Look At the Current Weakness & Future Expectations (+2K Views)
Nearly all markets except the dollar reacted rather badly to Ben Bernanke's news conference – even though it actually contained no news - Treasury yields soared, stocks were whacked, and so was gold. While the charts certainly don't look good in the short term, though, it should be pointed out though that investors with a longer time horizon probably won't make a big mistake by buying on weakness. That being said, however, in the short term all the tentative evidence that a bottoming process may be under way has by now been eradicated. Below are a number of charts illustrating the situation.
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