Recently gold/xau ratio rose above 5--a leading indicator for the coming 2nd leg of major bull move in gold and silver stocks. I am betting that helecopter Ben will continue to drop dollars out of planes.
Gold/XAU Ratio 4.81
Friday our indicators returned to the buy side. Monday I will buy a basket of gold and silver stocks a few Natural Gas Stocks and several small caps. The IBD remains in rally mode. Obviously my previous short term forecast was wrong!
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