“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 Bear Scenario
Perhaps an inverted cup and handle or descending scallop pattern. In this scenario, gold stocks would continue their relative under performance to gold, as maybe the overall stock market falls hard while gold hangs tough.
