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gunDriller
17th December 2010, 02:40 PM
When Gold & Silver Track the Stock Market ... does that indicate that investors are participating in the market ?

investors instead of stackers, that is.

these last few days in the US markets, every downtick in the market has had a corresponding downtick in the metals markets - and same for upward movements.

stocks on Friday

http://chart.finance.yahoo.com/z?s=^DJI&t=1d&q=&l=&z=l&p=s&a=v&p=s&lang=en-US&region=US

Friday Gold

http://www.kitco.com/images/live/nygold.gif

Friday Silver

http://www.kitco.com/images/live/nysilver.gif

see how the markets are tracking each other ? all the day's markets hit their bottom right around 11:00 AM, maybe a little before.

Spectrism
17th December 2010, 02:53 PM
To me that is an indication of market dislocation and moves based purely on perceived value of the dollar. It is a little more sinister than that, though. It is more an indicator of how many "printed" (digital)dollars have been flushed through the PPT and federal reserve channels.