Two dates (chart):
- 11/24/08, WA=54%, Gold = $778/oz
- 08/10/12, WA=54%, Gold = $1618.5/oz
An important buy signal has been generated while most traders vacationing for the summer or watching the Olympics are too far removed to have noticed. The 54% reading was generated on a steady rise in total net asset value tonnes in the trust as price discretely hovers around $1,600. Excellent! Someone knows what they're doing.
To quote Bud Fox, "Blue Horseshoe loves Anacott Steel (Gold)"
Chart: London PM Fixed Gold and GLD (ETF) Total Assets WA Stochastic
Regards,
Eric
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