Gold has been quiet for a few months now whilst the Dow has been stronger and US dollar has been in tight consilidation. However US dollar last night fell strongly and looks like dropping through its consolidation support if the short term weakness is followed thru. If so I believe the US$ will start a new leg downwards and gold will start to move again.
The fact that gold has held above $300-$310 means the bull market is still alive. Gold stocks like CRS, BSG, EQI, KCN all paying good dividends and providing upside to gold price are good for the portfolio whilst the bear is still prowling.
