“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Gold Stocks vs. Gold - Caution
Gold stocks can move real fast when they are outperforming the yellow metal, but for now we're watching the neckline drawn in dark blue, because if the overall market sells off hard, gold stocks probably follow. One day that relationship could change in a major way, and that might signal the final mania phase of the gold bull.