Just a quick comment today. Gold has been boring to disappointing for several weeks. I predicted as much and think this sideways slide will continue for a time. That’s why I counselled some selling several weeks ago.
But even though gold is sideways to down, I know it’s still a metals bull market because
- I see a new financing opportunity every day that’s worth at least a look
- There are a dozen news releases that deserve attention each morning
- Stocks move for no apparent reason (see Maven holding Norseman Silver (TSXV: NOC)!)
- Every day, or week or month, at least one metal is kicking butt. For the last little while it’s been copper…and nickel…and iron ore…and zinc… I mention this because it’s easy to get annoyed that gold isn’t going but, when that sensation sneaks up, I suggest broadening your horizon a bit