bobs your uncle, page-3

Thanks hermit, I enjoyed reading that, but I do have one problem with it. Take a look at the first chart he posts






Now can anyone explain how, after seven years of a gold bull market and 4-5 years of an equity bull market, the line has only JUST reached into the 'sell PM stocks' barely three times, and hasn't even approached the 'really sell PM stocks'. And I'll repeat its only JUST got there each time.

Thats in contrast to the previous seven years where gold was in a fully fledged bear market and hovered around $300 odd bucks most of the time, while the line was entrenched in the 'really sell PM stocks' virtually the whole time.

I find that very difficult to comprehend.