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As Central Bankers unleash a generational perfect storm for gold, a significant valuation gap between the gold price and silver is forming.

The present gold price is indicative of a $19 silver price. And with silver trading at $14.71, silver is undervalued by nearly 30% to gold.
Even conceding that gold may have better supply:demand fundamentals, silver [...]

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The trading range for the HUI Gold Bugs Stock Index has finally broken out of it’s horizontal trading range:

And formed an upward bias, with a series of higher highs and higher lows:

Gold stocks are now also leading gold, as the HUI:Gold ratio has broken out of it’s trading range and the stocks are once again [...]

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Given all the noise and rumors about new, additional IMF gold sales yesterday, I thought it would be a good time to take an updated look at trading charts for both Gold and the HUI Gold Bugs Index.
For an update on the final communique of the G-20 and the IMF, please see my preceding [...]

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As a “generational perfect storm” brews on the horizon for gold & gold stocks, the HUI Gold Bugs Index is basing within a rather defined trading range.
After doubling off the October and November lows, the HUI gold stock index has now found support at earlier resistance levels near HUI 248, and resistance from consistent profit [...]

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One of the fascinating things about gold, is that it wears many faces…
It can trade as a commodity.
It can trade as a currency.
It can trade as a flight to safety haven.
And it can trade as the momentum flav’ Du Jour.
It can trade either positively, or negatively correlated to the US Dollar and/or Oil and commodities.
And [...]

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