"For these are a rebellious people, deceitful children. They say to their seers,‘Do not see!’ and to the prophets,‘Say nothing of what is right! Tell us only things that please us, prophesy illusions."
Isaiah 30:8-10
08 May 2013
Divergence: HUI/GOLD Ratio Nearing 2001 Lows
As you know HUI is the 'gold bugs index' of mining companies.
As a sector the miners have been hammered.
This is quite a divergence.
The Gold/Silver Ratio is also at rather high levels.
Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.
We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.
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