---
title: "Constructive Metals"
url: https://independentstockanalysis.com/constructive-metals/
description: "The Dow:Gold ratio resumes its downtrend: All Star Charts . A detailed precious metals review . CRAMER: Sell Coal Stocks Before Tonight’s Debate (…"
published: 2012-10-16
updated: 2012-10-16
---

# Constructive Metals

Published 2012-10-16

Posted on

by

J.J. Butler

The Dow:Gold ratio resumes its downtrend: [All Star Charts](http://allstarcharts.com/dow-vs-gold-ratio-is-rolling-over-again/).

A detailed [precious metals review](http://marksstudio.wordpress.com/2012/10/13/all-that-glitters-precious-metals-review/).

CRAMER: Sell Coal Stocks Before Tonight’s Debate ([Business Insider](http://www.businessinsider.com/cramers-debate-energy-trades-2012-10)). Coal to Rise on Seasonal Buying ([Coal Investing News](http://coalinvestingnews.com/6281-coal-rise-seasonal-buying-price-thermal-coking-china-india-cardero.html?utm_source=Resource+Investing+News&utm_campaign=8d8c5eeae5-RSS_EMAIL_CAMPAIGN&utm_medium=email)). ACI [chart](http://stocktwits.com/message/10008409). ANR [chart](http://stocktwits.com/message/10008404).

In the middle of last decade I was a part of the loud and annoying chorus singing ‘housing bubble.’ Today, housing sentiment remains negative. *ISA* would be the first to note mortgage rates are artificially suppressed. Otherwise however, the fundamentals are strong and A housing boom will lift the US economy at the [FT](http://www.ft.com/intl/cms/s/0/52625630-12e2-11e2-aa9c-00144feabdc0.html#axzz29OOTUniu).

Bill McBride continues to chronicle housing better than anyone: “Going forward I expect housing activity to increase and help push down the unemployment rate.” [Calculated Risk](http://www.calculatedriskblog.com/2012/10/the-housing-bottom-and-unemployment-rate.html)

“The inventories of unsold homes as measured in months (time to clear the inventory) are at the lowest level since 2006.” [Sober Look](http://soberlook.com/2012/10/us-housing-update-shrinking-inventories.html)

DB turns bullish on US growth with the multiplier effect: [Sober Look](http://soberlook.com/2012/10/db-turns-bullish-on-us-growth.html).

The Steady Decline of the Inflation Rate in China gives policy makers room stimulate: [Iacono Research](http://iaconoresearch.com/2012/10/15/the-steady-decline-of-the-inflation-rate-in-china/). More constructive on material stocks: [Chess](http://ibankcoin.com/chessnwine/2012/10/16/they-knew-about-slowing-global-growth-before-you-did/).