Chuk,
Excellent summary. In addition to your thoughts on Gold, I posted this link a few days back in the 'Is the correction over?' GOLD thread. (btw to which I replied YES)
http://www.kitco.com/ind/Degraaf/2014-04-04-Some-Exciting-Gold-Charts-for-You.html
Thought I'd share on here as some of you may not have seen the following charts within.
Everybody sing out loud;
1. Tis the season to be buying, tralalalaa lala la la.
2. Dead cat bounce in DOW:Gold ratio, tralalalaa lala la la.
3. Gold and gold stocks so cheap historically, tralalalaa lala la la
4. History could be repeating, tralalalaa laala laaa laaaahh
ABU still base building at 2.4c, but IMO the stage is set for us to move north on a closing basis.
Cheers and very best regards,
Elpha
Note: my opinion should not be relied upon nor considered as advice of any kind. Please DYOR.
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