ArkiTek

Ratio of Gold to Silver

70% of gold's direction has to do with the dollar's direction. This means that much of our task is figuring the dollar strength comparative to other currencies. If the dollar continues its downward push, then gold will rise.
Looking at my dollar chart, it looks like the dollar is regaining its upward direction which means that gold is headed down. Surely, there are many of us that are nervous about the future and that may cause gold to resist the downward pressure but if the dollar continues up then gold must succomb to the lower prices.
My guess... the Obama honeymoon is going to last until the first part of April, then the dollar will fail, the stock market will head for new lows and THEN BUY GOLD!

WisdomTree Files For a Slew of New Currency ETFs

What is the ticker for the Icelandic ETF? Buy low, sell high! :)

Gold Tests Its Reversal Level: Third Time's the Charm

After gold's huge rally on Friday 11-20, it is obvious that David Nichols knows what he is talking about. I also witnessed his take on gold making a final rebound last spring and turning as he predicted. As I see it, gold is making one final pullback on 11-23 to pick up any passengers, then this train is finally leaving the station. All aboard...

Gold Tests Its Reversal Level: Third Time's the Charm

After gold's huge rally on Friday 11-20, it is obvious that David Nichols knows what he is talking about. I also witnessed his take on gold making a final rebound last spring and turning as he predicted. As I see it, gold is making one final pullback on 11-23 to pick up any passengers, then this train is finally leaving the station. All aboard...