2007-01-25

With compliments to Gary from http://biiwii.blogspot.com/ :)
The following strange looking chart, compare visits on Kitco.com website (from Alexa) and Gold price (from Stockcharts). We believe, that investors who are interested to Gold, often go to Kitco's website for quote, news, or trade.
I see strong co-relation between picks and lows on visits chart and on gold price. However, Kitco visits go down, so the interest in Gold dropping, and in same time, the Gold price remain relatively "steady".
Interesting thing, is similar to Gold price break above short term resistance line, the Kitco's visitors also breaking its several months channel.
Nick.





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