Rhyme OR Reason?, page-12

for those that doubt gold is not facing some headwinds , Just pay attention when gold spot prices increase , You will notice that gold stocks especially explorers and juniors hardly move in S/p increase . Yet when gold spot retreats back with the same % for instance the S/p goes down much further . Even when miners announce new findings or lab results the S/p generally get sold down after a couple of days post announcements . So Not many are holding any gains after a week or so at best. Of course there are always the odd exception but these far and few between .

markets are cyclical . So I hope most of you have protected some of you gains during the last bull run and adjusted your portfolios in favour of sectors in demand whilst protecting some capital for the potential tail winds that the broad markets are facing.