Though Down 30% in a Year, More Declines Likely in This Ratio
Since our 11/14 post highlighting the likelihood that the Nikkei would not experience another short-term, 20% decline and would instead begin to rally sustainably again into our long standing 45K-50K target, the index has rallied 450 bps. By comparison, the…...
Gold & Related Miners…Will the Bloodletting Ever Cease?
We’ve spent a significant amount of time on silver over the past year on this site, largely at the expense of gold. We harbor no bias against gold, we’ve simply not seen any noteworthy set-ups from which to develop a…...