"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat

Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput

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Wednesday, February 20, 2013

HUI to Gold Ratio

By request....

1 comment:

  1. Thanks Dan for the chart. What a beating. I am just happy to see th BKY beaten a bit today down 1.66% (I hate seeing the big banks with their guranteed profits and Soros and Buffett chatter escaping the beatdown.) Call me a sore loser. One question, as I look at alot of charts I saw that the Financials generally lead the market (pigethas, either down or up, but not sure that rule would even work anymore due to the collusive and backdoor relationship developed over the last few years from the FED. Did you ever watch them for market clues and given today's world, would the rule still exist in your opinion?


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