David Banister has released his new projections for Gold here. You’ll remember last week I posted a gold forecast projecting a short-term dip. It’s possible that “dip” could be coming to an end if Banister is correct. The smarter play, however, may be to look at GDX (Gold Miners ETF) because the Gold to XAU (Gold & Silver Miners Index) ratio is currently at 8.49, high by historical standards. For some background on how to use this ratio, please search my site for “GDX” or see my previous articles here and here.
A Second Lost Decade: an Update of the Secular Bear Market in Equities (pdf) – Pring Turner Capital Group, Pring.com
Did Tail Insurance Turn South in Recent Market Volatility? Geoff Considine
Is the US Monetary System on the Verge of Collapse? (pdf) John Mauldin
Nursing the Patient (Part III): Unwinding the Monetary Mess (pdf) – BCA Research via Cumberland Advisors
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