A couple years ago we did a few studies on gold, examining how gold and gold stocks performed:
“The ratio is around .86 – near the lowest reading ever. Absolute returns for this decile have been strongly positive at 14%, 20%, and 43% for the following 3,6,12 months, and up 90% of the time a year later.”
Since that time (Jan ’09) gold is up 72% and Barron’s GMI 113%. Where is the K-Ratio now? Still in the most favorable bucket for gold stocks…
And here is another post on how gold does using a very simple indicator.
And since I’m speaking at the NAAIM conference tomorrow here is a great list of the paper (and more) that won the Wagner Award:
|WINNER||Buying Power – The Overlooked Success Factor