A Fresh Look at an Old Analog

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I feel almost inclined to apologize for the number of times I trot out the gold bugs index analog, but – - well – - I think it's important. Week after week, this analog has held together and strengthened itself. Here's a grid chart comparing the 2005-2008 period (top) to the recent market history (bottom):

0312-gdx1

This reason I'm so hung up on this is because of where we are at right now relatively to the appropriate point on the past analog. Trading the miners ETF (symbol GDX) is the most direct way to participate.

0312-gdx2

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