Gold Ratios—Time to Pay Attention
Source: GoldSeek, Gary Tanashian (7/10/09)
". . .gold's consolidation vs. the assets of hope looks to be in its final stages."
Even as many people micromanage nominal prices of asset markets, gold's ratio to commodities tells a story of a bottom in the making, which of course tells a story of a top in the making in what NFTRH called 'Hope 09.'
Let this short article serve as notice that gold's consolidation vs. the assets of hope looks to be in its final stages. This is a bullish sign. It is time to pay attention and it is time to get it right.
Markets travel in roundabout directions and cycles—both short and long term—must be endured. It is technical, sentiment and market ratio analysis that guides us through these cycles and keeps us on the right track. Consider what will happen when gold finishes consolidating the explosive ratio gains of 2008.