Two of my favourite guru's against each other, that will be a fierce fight (and funny too). But it turned out to be not much of a fight as they agree with each other, except for stocks.
Posts tonen met het label Jim Rogers. Alle posts tonen
Posts tonen met het label Jim Rogers. Alle posts tonen
vrijdag 5 oktober 2012
vrijdag 16 maart 2012
Capacity Utilization makes me Bearish on Gold
In my previous post about capacity utilization rates (which can be found here), I warned about a peak in capacity utilization. On 16 March 2012, the capacity utilization was released to be 78.7%, down from 78.8%. Although a minor decrease, it is the first time in two years that the capacity utilization drops (Chart 1). This has an impact on gold, see the analysis of the technicals here: February capacity utilization indicating a drop in gold prices
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