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®ion=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.
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®ion=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.