Select Gold (041) FSAGX

Select Gold Hurst Chart

Long Term FSAGX chart









( 04/18/08) Gold Bullion recently suffered a sharp correction and the daily charts exhibit a poor trend structure. However if you view Gold on long term charts over many years, a clear and powerful rally is in progress.    The commodity ETFs continue to outperform the S&P500     If you view Gold on a long term chart ( years ) the trend remains clearly Up. Perhaps this is what Richard Russell meant when he stated: " Buy some Gold and the just forget about it." The Gallery Gold   chart displays Gold(FSAGX) in both short and long term time frames. The Gold Point & Figure chart from the Privateer perhaps is the best chart for determining where Gold is at. The Gold-Indicator chart displays the basic drivers and Gold performance.

• Long-Term $US 5 x 3 Gold Chart Since The 1982 Low From Australia's The Privateer

  
  

  GDX - the new ETF for precious metals stocks Jack Chan www.traderscorporation.com May 23, 2006

  
  

  GDX Gold Stocks ETF Market Vectors Gold Miners (GDX) Profile, chart, etc from Yahoo Market Vectors Gold Miners (GDX) Gallery Chart, from StockCharts

  
  
  
  
  
  
  
  
  
  
   

  ETF

  Street Tracks Gold Trust

  GLD

  
  

  ETF

  Ishares COMEX Gold Trust

  IAU

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  Central Gold Trust (AMEX: GTU). GTU is a closed-end fund that owns gold bullion (only gold bullion), which is stored in a Canadian bank vault. The fund is run by the same folks that run Central Fund of Canada (CEF), which differs from GTU in that it owns both gold and silver.   GTU, CEF, GLD Perf Chart




Weighing gold miners against the metal By John Spence & Myra P. Saefong MarketWatch Last Update: May 5, 2006




Good as Gold: What's Next for This Sector? Insights from experts on this volatile sector Published: March 31, 2006 By Margaret A. Malaspina




Short Precious Metals ( SPPIX ) Info SPPIX Chart




Gold ($GOLD) chart. US Dollar Index ($USD) chart. US Dollar / EURO ($USD: $XEU ) Chart EURO / US Dollar ( $XEU:$USD ) Chart British Pound / U.S. Dollar Chart Yen / U.S. Dollar Ratio Chart Australian Dollar / U. S. Dollar Chart Canadian Dollar Index ($CDN) chart. Canadian Dollar Analysis. 30 Year US Bond Yield( $TYX ) chart. 30 Year US Bond Price( $USB ) chart. Commodities Research Board Index ($CRB) M 3 Money Supply Chart ( Economagic.com ) Velocity of Circulation ( Economagic.com )





Select Gold ( FSAGX ) in terms of Hurst Envelopes.




Select Gold ( FSAGX ), Hurst Oscillator Chart




Select Gold ( FSAGX ), Ribbon Chart




U.S. Dollar Index in terms of Hurst Envelopes.

 

CRB Index in terms of Hurst Envelopes.


 




U.S. 30 yr treasury yield, in terms of Hurst Envelopes.




Professor Sornette's Bubble Equation applied to the XAU Gold & Silver Index




Comex Gold Weekly




The below chart, exhibits the important relationships among The US$, Gold, Gold Stocks and the CRB index.




FSAGX, XAU, HUI and GOX Gold Indexes Chart ( * Updated Daily * )




The below XAU Gold & Silver Index Chart shows the "Gold Stocks"
volatility and trading range.
XAU Gallery Chart



Gold and Multiple Time Frames Comment





What About Gold?( 01/31/05) Richard Russell When asked "What about gold in this environment of gradual inflation?", Russell replied that he never worries about the price of gold. Gold is real money, he points out, and at some point in time it's going to skyrocket in price, taking gold stocks along with it. Russell believes that a person should decide on an amount of gold that's right for them, buy it and then forget about it. It's like an original Picasso or an autographed letter from George Washington: you just keep it, knowing it represents the safest part of your wealth, knowing you can will it to your children or grandchildren. What Russell does worry about is dollar denominated assets, because in a primary bear market like the one that is getting underway, everyone loses; the winner is the one who loses least.




A Christmas Card From James Grant Richard Russell Russell discusses James Grant's views on what an investment in gold really represents. It is not, he says, a commodity to be bought and sold in hopes of turning a profit. You don't own real money to trade; you own it because you appreciate the inherent weaknesses of fiat currencies. History shows us that, eventually, all fiat currencies fail. The US dollar is set to become the next casualty, although it may take a few years to dwindle away to worthlessness. One way of prolonging the dollar's life is to spend less and save more, a sure-fire recipe for recession, and something the Fed wants to avoid at all costs. To that end, they will continue printing dollars and inflating away their value. And there it is - the real reason for owning gold. http://www.selectsectors.com/russ122904.htm




The Merk Hard Currency Fund ( MERKX ) is a no-load mutual fund that invests in a basket of hard currencies from countries with strong monetary policies assembled to protect against the depreciation of the U.S. Dollar relative to other currencies.




Franklin Templeton Hard Currency Fund ( ICPHX ) ( This is another way to defend against a U.S. Dollar Decline) ICPHX Chart




Another approach to defending against the decline of the U.S. Dollar is to invest in nondollar-denominated securities, such as Fidelity International Small Cap(FISMX), Dodge & Cox International Fund (DODFX) and Vanguard International Explorer(VINEX). Checkout their performance chart: The above is for information only and is not a recommendation.




Sharelynx Gold ( Gold Bull Market ) ShareLynx Gold ( Free Charts ) ShareFin Gold Lease Rate Charts




Kitco Gold Lease Rates




Gold-Eagle Gold Fund Index




Great Gold summary from the Privateer From the Privateer Gold Charts in Euro, Aus. Dollars, U.S. Dollars, and Yen.

Jim Sinclair's Mindset

Current Gold Market Commentary

Top daily Gold news stories from the Bullion Desk

Gold Forums Kitco Gold Forum 321GOLD USA GOLD Gold Eagle

GATA Extraordinary Popular Delusions, The Madness of Crowds... The above describes the Chart aspects of FSAGX . For an understanding of Gold Fundamentals: http://www.usagold.com http://www.kitco.com http://www.gold-eagle.com Gold-Eagle comments on Fidelity Select Gold ( This was extracted from their post on Kitco Gold Chat ) Sir ORO comments on Fidelity Select Gold ( This was extracted from a post on www.usagold.com/cpmforum/ ) Fidelity Select Gold ( FSAGX) Home Page