Sunday, May 06, 2007

HUI/Gold Ratio at BUY by Hamilton


Perfect educational article:
"The HUI/Gold Ratio is as simple as it sounds, it is calculated by merely dividing the daily close of the HUI unhedged gold-stock index by the daily close in the price of gold. When this resulting ratio is graphed over time, it vividly illustrates the ever-shifting relative strength of the gold stocks versus gold."

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