European and US markets rose sharply last night (almost 3% for the US) possibly as a result of Spain and Italy being able to raise funds at cheaper rates on their bonds than what they had recently faced.
The USD has weakened resulting in a higher USD POG ($1615). Will Gartman now say gold is a buy?
And best of all the HUI, GDX and GDXJ are all up (3.68%, 3.57% and 7.53% respectively). Lets hope Santa brings us goldiebugs a present also, even if it gets taken away next year.
