Stand strong with gold

The difference between profit and a loss is often defined by your ability to stand strong, often alone, in the face of doubt.

Once again gold has risen to the currency of choice based on the inherent undisciplined nature of fiat money.

GDX remains sandwiched between two gaps as it fights with trendline support. The energy within the trend, however, has turned. This suggests higher prices over the short-term. Also, junior miners continue to outperform the majors during and after decline in gold (updated Junior to Major ratio GDXJGDXR). A rising ratio illustrates increased leveraged money flows. Rising leverage tends to coincide with rising gold prices (ta-gold-miners-follow-money).

Amex Gold Miners Index ETF (GDX):

Big money is fading strong dollar spin because it knows the following: (1) Resolution of three taps & out in the gold stocks is near, and (2) Gold is the mechanism for defeating another debt collapse at the end of an long economic cycle.

Gold Stocks 1922-:

Gold 1871-: