Rock Gold vs Gold Stocks

Da Rock's take onna dis........................issa yas gottas find da good growth stocks..........

thru ..............research anna sweat..............not just pick da big caps.......

Ma pick issa GBG, Great Basin Gold...........broke out yestaday!!!

Just da way I see dat!
HardRock


http://seekingalpha.com/article/176435-gold-stocks-relative-strength
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Hard Assets Investor

Momentum's shifting in the world of commodity investments. That becomes apparent when you look at the relative strength of the equity-based Market Vectors Agribusiness (NYSE Arca: MOO) and RVE Hard Assets Producers (NYSE Arca: HAP) ETFs as we have in this week's feature ("Whither Commodity Stocks?").

Commodity stock funds generally fared better over the past year compared to their futures-based brethren, but now their trajectories are leveling. This is most evident when you regard the differential performance of the bullion-holding SPDR Gold Shares Trust (NYSE Arca: GLD) vs. the Market Vectors Gold Miners ETF (NYSE Arca: GDX).

Granted, mining stocks outpaced bullion this past week by nearly a 2-to-1 margin. Year-to-date, too, miners have risen 61.7 percent vs. bullion's 37.8 percent gain. That advantage, however, has been waning—in fits and starts—since mid-September.

Gold Mining Stocks Relative Strength

Gold Mining Stocks Relative Strength

In the long run, mining stocks have actually under-performed bullion. The average growth rate for miners over the past three years has been 10.9 percent. Bullion's risen at an 18 percent pace.

Oddly enough, the rising price of bullion was largely responsible for the miners' outperformance over the past year. Operations with low fixed production costs enjoyed leveraged flow-throughs to their bottom lines, especially as they pared down their hedge books.

Whether the current plateau is a temporary pause or a reversal will largely depend upon those production costs. As more marginal assets are exploited, extraction costs tend to rise.

The next round of miners' earnings reports will give us confirmation of their margins. In the interim, we'll keep an eye on the stocks' relative strength for clues.
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da Rock uses dese charts ta keep tabs ..........onna subjects o' interest ta moi. 
               
    Ma interests incl:
                A.   Gold/Silver Trends
                B.   Commodities & Metals
                C.   Miners......wit possible big gains
               
    Note: sum o' dese charts ta do wit ratios; report yestaday's numbers;
   

               da stock ones are up ta date!
               
    *********** comments 'ere issa only fo' infotainment reasons *************
    ************************* Not financial advice ***********************

   

A. Gold/Silver Trends 

   

Platinum Price - 48 hrs:
    Updated when ya sees dis
    Live 24 hours platinum chart [Kitco Inc.]
   
    Kitco Gold – 48 hrs:

   

Updated when ya sees dis

   

Live 24 hour Gold Chart
     
   

   

Kitco Silver - 48 hours

   

Updated when ya sees dis
   

        
   
Gold Price Daily 
$GOLD (Daily)

    
    
                
     
Gold - Weekly
    $GOLD (Weekly)      

    * Da Rock notes a assymetrical pennant...indicatin'  a Massive Breakout ta topside comin'
   
Gold Price "xxooxx"
   
$GOLD (P&F)
    * everything's okay inna dis XOX chart........
               
   
GLD ETF
     - usin' dis ta checks fo' Volume
     GLD (Daily)           

            
                
   
HUI - Gold Bugs Index
:
   
 - Popular 15 unhedged Gold Miners
$HUI (Daily)
 
*  HUI retreats from high...
*  Gotta look back ta da Gold weekly ta understand dis........normal consolidation
*  Big Gold issa startin' ta lag........monies movin's ta Juniors.......
    

   
Gold Stock ETF:
     - 34 Gold/Silver Miners
GDX (Daily)
        

*.....da Rock's waitin's fo' money moves ta Juniors........
*Have ya seens do's breakouts by sum juniors???

                
                
Gold:HUI Ratio
      - Gold Stocks leads Gold inna Bull Run
$GOLD:$HUI (Daily)

                

    $GOLD:$XAU (Daily)
                
                
   
GDM Bullish Percent Indicator:
    - Trend indicator fo Gold Miners          

   

   
    * RSI back downs ta 30....buy, buy, buy 
   
   

   

$BPGDM (Weekly)
    *  Note dat dis indicator since Jan 2009 has traced a risin' pennant formation.....Bullish fo' breakout ta da up side....Soon
               
               
   
Gold Corp - Big Gold:
      - Unhedged anna inna Cannuckland
             

    *  Dis issa ma own proprietary indicator...........ma thoughts are
       dis guy issa fully priced...........Glamourous but expensive........
        ..........Monies movin's ta Mids anna Juniors...........

               
               
               
   
Gold vs S&P 500:
     - to be in Gold or Stocks
$GOLD:$SPX (Daily)

                

*  direction up found; 
.....regular mkts supply cash fo' minin' juniors.....

                
                
   
S&P 500 Index
    - 500 Large Cap Universe inna USA
$SPX (Daily)

                

    * SPX hassa neva looked back........recovery issa on track.......
    * Recovery issa good fo' Gold.............
    * da Rock believes da floor issa right 'ere!
                
   
            
    S&P500 Showin's da bottoming Head & Shoulders
    $SPX (Weekly)* SPX hassa neva looked back........recovery issa on track.......
    * Recovery issa good fo' Gold.............
    * da Rock believes da floor issa right 'ere!
                
    
            
Wiltshire 5000 
Broad measure o' da Market
$WLSH (Daily)
                
    

 New York % Bullish
    - da sentiment onna da Big Board
   
$BPNYA (Daily)
     
   
TSX Composite
   
 - Da Canuckland index $TSX (Daily)           
    *  Main pattern issa up..............
    *  TSX over 50dma

                         

   

   

==========================================================B.  Commodities & Metals
   
    CDNX Venture

   

 - Proxy fo' ma Junior Golds/Metals

$CDNX (Daily)

   
    * Like everyting else........up ....anna...up
    * Winter season should be good ta Venturites........
   

    CDNX versus Gold Ratio
    - Da valuation o' Juniors...needs ta move up ta 3

    $CDNX:$GOLD (Daily)

CDNX versus Gold Ratio
'Nother secret ....seems like National Enquirer....
........Juniors gots long ways ta go up!!!
     
* tanks ta Hommelberg....
http://seekingalpha.com/article/171533-gold-juniors-poised-for-historic-bull-run   

Venture New Highs/Lows
- Sentiments
$CDHL (Daily)

- Sentiments Weekly...    
$CDHL (Weekly)                
Continuous Commodities Index

- 19 key commodities
$CCI (Daily)

                

    * Commodities issa da major theme fo' next 3 years
    * looks like da Nat Gas rocket........goin' ballistics

    

Continuous Commodities Index
- longer trend view
    $CCI (Weekly)

   

Silver ETF:
   
-  Silver follows Gold; wit bigger gains
SLV (Daily)          

Silver Price Daily:
  
    $SILVER (Daily)    
* Pullback means mo' opps.....
* dis issa gonna blow ..........soon!!!
    

Silver Price Monthly:  

$SILVER (Weekly)
* da Rock sees Silver outperformance comin's

$Silver XOX Chart
$SILVER (P&F)
    

Well.........I'll be durned...........dey say $26 USD price objective........
Dis jives wit ma projection o' $27 peak fo' Silver!!!
   


Gold/Silver Ratio   

    * Silver shoulda start movin's North
      .............dat is downwards inna da ratio

        
    $GOLD:$SILVER (Weekly)   

    
       
US Dollar:
    - decoupled from Gold
$USD (Daily)

                

    
    
 $USD (Weekly)           
    

 Oil:

   - onna up trend; inverse o' da USD$
     $WTIC (Daily)            
 
    *  Oil takes off..........gonna drive Gold
   
Oil Bullish Indicator:
                

                
               
Natural Gas

    - Rockets from da bottom
$NATGAS (Daily)
     
 
               
Ratio Oil/Natural Gas
       
        - now at historical high
    $WTIC:$NATGAS (Weekly)            

                 
Natural Gas Bull
Two times leveraged ETF
HNU.TO (Daily) 
- da Rock just testin' waters
-  seems ta be sum opps 'ere................


Coal ETF

     KOL (Daily)
               - moves wit oil
               
*  Will move wit oil moves.....................
                Da Rock likes coal betta.................dan Nat Gas

       
Doctor Copper:
    - Da Dr.  leads anna predicts da economy usually
$COPPER (Daily)
                

                *  Copper made a clear move to $3 anna now consolidatin'
   
 $COPPER (Weekly)
       

 
Steel Stocks vs NYSE
       - gives leadin' indicator o' economy
   
SLX:$DJW (Daily)
   
*  Da Rock sees steel ta be makin' big moves soon.......
    *  Infrastructure $$$ finally makin' itself felt.......

                
 Baltic Dry - Shippin' Rates
       - indicator o' world trade
   
$BDI (Daily)
     Why Rates goin' down:
               
http://www.fool.com/investing/general/2009/09/18/too-many-ships-destined-for-the-seas.aspx
                *  Don't worry 'bout rates.........too many ships comin' on line...
                  
Volatility Index
 
  - Consolidatin' good
   
$VIX (Daily)
    * ViX lowers........issa good fo' S&P
   
* Rise dis week fo' Comex expiry & end o' month & Halloween
   
* Buy when volatility rises........   
 

 $VIX (Weekly)                     

   

=========================================================

C.  Miners; Juniors; Nano-caps

Cliffs Natural Resources
   
-  Iron Ore anna Coal miner
CLF (Daily)
       

   

*  Nov 23 announced buyout o' FreeWest Resourses - FWR inna da Ring o Fire
*   CLF issa leadin' indicator..........wit Asian sales.................
*   Dis issa safe stock..........
    
        
HL - Hecla Mining  
                - Undervalued Silver Miner 
HL (Daily)
     
    * Secret.......Green's got Gold  
 
    
                
SLW - Silver Wheaton
     - Silver royalties only; no
minin'  
SLW (Daily)

   
*  SLW's got 21 employees only.............

 *  All costs fixed...............so highly leveraged ta silver price
 
        
   
Great Basin Gold
    * 13 million ozs comin' on line........... 
GBG.TO (Daily)

*  Dis guy issa unknowns.......gonna be mid tier producer inna 2010 wit 350K oz AU
*  Note:  Leverage dis wit GBG Warrants.......... good fo' 1 year

    GBG.TO (Weekly)
*  Dis is a Rock discovery.....much undervalued anna gonna jump ta mid-tier producer inna 2010
*  Watch fo' da announcement.......opening Esmeralda mine, too!!!
   

Ring O' Fire
KWG

   

 - Chromite, Diamonds, anna VMS Copper/Zinc/Lead/Silver fo' literally a few pennies
KWG.V (Daily)

   
*  Big Daddy Chromite........also gots Gold.....anna PGE group metals...........Kin you say Rhodium............anna Platinum
*  Debut distribution o' shares comin's
*  Railroad comin'
*  TSX comin'
*  Dis stock issa long term hold fo' $$$
     

   
UC Resources
UC.V (Daily)
* Ring o Fire    
drillin' big analmoly
Watch fo' Surprise hit ..........sumting big!
               
                
Dats a wrap fo' Now!
HardRock