max monday, page-46

note the Vol across all US indices gets weaker every day.

Treggs - Matt and Steve (BPT) have been long gold for al ong time (plus the other Precious metals bar silver , which weakens their gold stance) but have also had to gradually shift from their EW inspired cataclysmic C wave down to a more benign "trade the individual longs" strategy as the rally has continued well beyond their original targets.

Still if their right gold over the next couple of years may get even more interesting even if GDX looks for a respite.