The relationship this year between gold, U.S. stocks, and bonds
Click download link to listen on this device: Download Show
Below is a combo chart that shows the TLT:GLD ratio chart on top and the GLD on the bottom. This chart shows you when the ratio is falling GLD is rising and when the ratio is rising GLD is falling. Notice back in 2008 the ratio was at its high and GLD was at its low. As you can see the ratio fell during the next three years while gold put in its all time high at 1920 in September of 2011. From that all time high in GLD to the low in the ratio chart, GLD has been falling while the ratio has been rising. Note the massive inverse H&S bottom on the ratio chart that broke out in April of 2013. There was a laborious backtest to the neckline that seemed to go on forever which ended up forming the blue triangle that sits right on top of the neckline. We got the backtest to the top rail of the blue triangle back in early July that held beautifully. Now the ratio chart is getting ready to make a new high for this move off of the September 2011 low. The yellow shaded areas shows minor lows in the ratio chart that corresponds to minor tops in the GLD. As long as the ratio chart keeps rising, which it should after breaking out of the blue triangle and the huge inverse H&S bottom, GLD should fall and most likely break throug of the bottom of its one year plus blue trading range. The Chartology of this chart says GLD is going lower in no uncertain terms. All the best…Rambus
Never mind, just click on chart to open in new window!
I agree with Doc that there’s more to the comparison than meets the eye. Note that gold is up 8% in 2014 despite TLT:GLD being up about 11%.
TLT:GLD is just now completing a 38.2% retracement of the down from 2005 to 2011. The ratio could spike a bit higher before it turns down, but I doubt that it would be dramatic. A short squeeze in bonds, rather than a plunging gold price, could fuel such a spike.
http://stockcharts.com/h-sc/ui?s=TLT:GLD&p=M&yr=11&mn=11&dy=11&id=p91520177706&a=364213620
YAWN! TLT is a fairly flat chart. gold has plummeted. So TLT over gold is rising YAWN!!!!!!!!!!!!!!!!!!! Talk about, as Monty Python says getting a degree in the bleeding obvious.
That is funny ExSilverbugDave!
TLT is up 70% in 5 years and nearly 20% YTD. If that’s flat to you, no wonder this investing stuff isn’t for you.
Correct, Matthew. One has to remember that either the numerator or denominator can be more influential in the movement up. The TLT has a significant move before it double tops—–and gold could move down another $100.00 before being in trouble—which I personally don’t see happening at this time. Also, the fact that the TLT:gold move up is at the angle it is tells me there’s not a lot of inherent strength to the current move. But we will see; time will tell.
Charts don’t matter – what matters is the power of the central banks keeping the USD the world reserve currency to the detriment of all alternatives to a world reserve currency. Thus gold, silver, oil must be “managed”.
As long as nations continue operating at a deficit year after year, the bankers will retain their power over those nations by being their lenders to fulfill the leaders’ campaign promises.
You guys don’t give up…
More of Rambus…
Just the name is all wrong…
Bob Moriarty will be correct.
Gold is going much higher than people think.
Also stated this was the bottom.
Bo Polny called the summer bottom at 1240.
So far its holding.
THE ANTICHRIST IS COMING ! https://www.youtube.com/watch?v=cJdG0ApGj_4
Yep..brother Franky,
The big feast and celebration for all
the brides of Christ is very close.
HALLELUJAH……
and …ootb….knows it. ; )
aaa ! https://www.youtube.com/watch?v=Ou-0OJljEJ0 YOU NOW THE VATICAN REMOVE BOYS Testicles intel 1959 ! TO SING !
HH……ditto……..one thing to know, be prepared…..some might have a second chance on gold…but, if the trumpet sounds and the house is not in order, and if one did not answer the door when HE knocks…………..it is to late for the scoffers……
Jerry…what if you’re a mocker…lol
We are truely living in the final hours.
I may be a bad boy but I do have eyes
to see the train coming down the tracks.
Where your treasure is, is where your heart
will be also.
My treasure is definitely not here. Well,
except for a little gold. lol
I figure this is our mission field……God, gave us a brain, the tools, and the ability to speak boldly……………
Jesus, said we are to work with our hands………well, my fingers are part of my hands, so we know how to type………and the gospel is at our fingertips…………
Well said Jerry
Now if I can only put them all to good use.
The chores don’t seem to be helping Jerry.
Anyway, whatever I do for The Gospel I try
and enjoy it.
If I don’t, I need to back up and back off.
Then it becomes meaningless.
Done that many times.
Refresh…….Renew……..Fight the good fight………..
Amen Brother.
Right on the money Jerry
Fight the good fight.
Your leading the way brother Jerry.
Great words of eternal wisdom. ; )
Oh heck give it ☆☆☆☆☆ and one more for good luck ★ bang !!!!!!!!!!
Yes but HH if gold’s going up at the same time as the Rapture, why bother??!
Blessings to all my fellow brothers/sisters on this site even if we’re not agreed on certain topics! A
Really, worring about gold is not something God would like us
to do. In the meantime before the rapture we still need to occupy
and survive. Thats why I have tried to step away from the subject
golds going to rocket higher. Trying to live my life with confidence
of being worry free as God is in control. Not me or gold.
When the 7 year trib. starts and 3.5 years into it gold will be cankered
and worthless as The Great Tribulation starts at that point. The earth
will be shaken. At the end the sun is darkened completely.
I MEAN REALLY. ..GOOD LUCK… I don’t plan on being here.
BONDS…………bondage……bondservant………….Treasury Bonds……
the treasury is empty……..
REALY TRIPPLE AAA ! https://www.youtube.com/watch?v=YffUBR2E7FI
AAA………….ARMY, AMMO, ANYONE.. know who to collect from……..
Christ the king j….ootb!
good one……….A……….
DAY ONE THE WORLD ! https://www.youtube.com/watch?v=64Zkrgg8wY0
AND DAY RULE ! https://www.youtube.com/watch?v=uWn5_0t1pZk
YOUR HOLINESS ! https://www.youtube.com/watch?v=6Gx66s8v6mA
With the conflicts going on around the world and gold is having trouble holding 1300 and this is supposed to be the strong season. It is headed lower. My techs shot up sharply today so I did well with about a 5% up day.
Gold looks good even if it does go a little lower. There’s not much downside here.
Triangle support tomorrow comes in at about $1280. Any move lower than that will probably be brief. Triangle resistance comes in at about $1334.
http://stockcharts.com/h-sc/ui?s=$GOLD&p=W&yr=1&mn=3&dy=0&id=p33399707640&a=361926967
Bought another ounce Matthew.
$1224
$1550
Agree in principle HH….!!
Thanks Andrew
How about 5000.
Now you’re talking HH!
My fingers are crossed but whatever
happens my faith must not be placed
in gold or this world.
Its nice to have a little fun though.
We are all guilty of that. My fun is
just knowing the security is there
for my needs. RELAX AND CRUISE.
Agree in principle Man about Dallas. The dollar is looking like it will strengthen and that is bad news for precious metals. Gold is going to break down as this chart shape resolves in the dollars case. There will be a lot of disappointed faces round this site one more time. There is no big breakout in price on the horizon as far as I can see. Just more fantasy and dreaming by the usual suspects.
Only if you see gold as an investment BM and not as insurance.
True enough. But if I wanted insurance it would be a farm, not precious metals, Andrew. Money is hardly our real worry in the collapse. It will be food and basics. What humanity really faces is an existential threat to its very survival.
Given the world situation, a variety of forms of insurance are in order.
Could just be you and me scavenging for scraps BM – the rest will have got raptured! Shouldn’t laugh really….
I’ll take the rapture over everything.
Farms, gold, trillions$
Its all going to burn.
God help those that are still walking in darkness.
I agree the US$ is putting on a rally, but wow, it’s the lamest rally imaginable, especially given exogenous events that ought to have it showing much more strength than it is. In the meantime, PMs are running out of time for the “final drop” I’ve been expecting.
Is this breaking out? I have owned CLD.V shares in my accounts for awhile.
Just took a quick look at the chart and then some reading of the Company’s recent events. Your patience might be about to pay off, if that property to which they finally acquired the rights in late July proves to be what they hope.
Thanks MAD, sometimes I second guess myself to the poorhouse (;-)
Check this out, guys. CEM is up 600% since last year’s low and I think it’s going higher:
http://stockcharts.com/h-sc/ui?s=CEM.V&p=D&yr=1&mn=4&dy=0&id=p53305643599
Thanks Matthew, I ‘m going to watch that one. These “moose pastures” are looking better.
GBB showing signs of life also with Mousseau Pit. (Close to sounding like “Moose” haha)
Nice action on great volume; hope you own it. Such action in the “risky” stuff points to good things for the rest of the sector, too. Thanks for the alert.
I don’t own any GBB yet. I was having some fun going through some of my old watch lists this morning (;-)
Uranium is up $2 in the last few weeks. This chart is looking interesting also. I don’t own UEX but own some UWE.
Add banner on the right covers up part of the charts