|
PureBytes Links
Trading Reference Links
|
I'm getting intrigued myself to consider buying gold stocks. The gold/xau
ratio is now below .20 which historically been a good place to buy. Of
course, if you think that there is no longer a place for gold in a
portfolio-certainly buying gold anytime in the last ten years has been a
downer- avoid this notion. The ratio has been sitting close to the .20 level
for a couple of months without much movement. Today the ratio is at the
lowest level since the August 1998 low.
Howard Bernstein
|