Could we be setting up for an environment when gold stocks and US markets move up together?
Jordan Roy-Byrne and I discuss the importance of gold holding $1,450 over the past couple days even when US markets are at all time highs. We also recap the CoT reports where the speculators are still net long and have not unwound a significant number of those positions. The final comment on the potential of gold stocks and US markets to move up together is very important.
Click here to visit Jordan’s site to follow along with his gold and gold stock charts.