Buy When There's Blood In The Streets

Many investors, some within the community, have sold their gold shares for the safety of gold into the recent decline. Fear and doubt are running wild. A similar mathematical comparison would be 2008.

Investors exchanging their gold for gold stocks into the fear were handsomely rewarded by mid 2009. Few investors have the discipline and nerve to buy when there’s blood in the streets. A statistically extended monthly trend suggests exhaustion (i.e. blood in the streets), yet few recognize it.

Gold Share Miners Index to Gold Ratio: