Investment History Made One Day At A Time

The gold stocks, following three taps and out trading heuristic, broke away from long-term consolidation on May 2010.

S&P Gold (Formerly Precious Metals Mining)*
*S&P Gold from 1945, Barron's Gold Stock Index from 1939-1945, 1922-1939 Homestake Mining


As expected, the gold shares have also tightened their correlation with gold.

Historical Correlation Gold Stocks and Gold

2010.12


2011.02


Now gold and silver, breaking away from upper channel resistance, are beginning to accelerate to the upside.

Silver, London P.M. Fixed


Investment history is made one day at time, yet few investors seem to recognize the key events.

Perhaps the rumors of the possible introduction of McLobster provides just enough distraction to keep the public investing in the old paradigm. :)