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Gary Tanashian's  Instablog

Gary Tanashian is proprietor of Biiwii.com (http://www.biiwii.com), a financial website that reflects his bias toward honest analysis and his disdain for hyperbole. Gary's writing on market trends and metals trading is particularly insightful. Gary is the owner/CEO of a progressive US... More
My business:
Biiwii.com's Notes From the Rabbit Hole
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Biiwii.com Technical Analysis & Commentary
  • GSR not buying G-20 jam 0 comments
    Nov 9, 2009 05:19 PM | about stocks: GLD, SLV, GDX
    (Note: I sometimes am not able to post here in a timely manner. You can always bookmark my regular blog, where posts are put first.)

    The gold-silver ratio is not buying it, yet. Shorts went scurrying to cover into the close but silver has thus far failed to confirm by outperforming gold.



    NFTRH identified the short term support level noted by the green line and as long as it holds, there is hope for bears. Well, the ones who are market neutral like myself anyway. Anyone net short had to rush for the exits today, just as the bullshit coming out of G-20 intended.
    Themes: gold, silver, gold-silver ratio Stocks: GLD, SLV, GDX
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