I listen to Jim and very closely the last few months. I haven't hear him talk about this breakout recently but maybe he will this week. He had Frank Barbera on recently who went through a whole list of indicator pointing to a significant up move in gold equities at least. Also Jim has consitently said for months that we should see a significant up move in gold in the second half of calendar 2005.
Don't give up on those gold stock now.
Also I think physical gold will become more and more important. Even the GMFS/(world gold council) demand figures are showing an increase in demand. Have a look at http://www.gata.org/VenerosoReport.html for Frank Veneroso's view on the GMFS figures.
