Wall Steet is going to have to "rally" between spikes in oil, gold and other commodities...but rallies could get harder and harder to do.
The gold stocks will continue to be battered by the central bank shills... But gold should track oil nicely...at the end of the day.
IT IS BETTER TO OWN GOLD...THAN IT IS TO OWN GOLD STOCKS...WHICH THE CENTRAL BANKS ARE BASHING TO KEEP THE PUBLIC AWAY FROM ANOTHER "GOLD MANIA." HOW LONG THE CENTRAL BANKS CAN MAINTAIN THIS ANOMALY IS QUESTIONED. SOONER OR LATER GOLD STOCKS ARE A SCREAMING BUY...AS THE METAL CONTINUES AT VERY HIGH LEVELS AND RISING DUE TO GEOPOLITICAL AND MACROECONOMIC FACTORS.
SO GLD, THE METAL, IS A BETTER BET SHORT TERM THAN GG, OR ANY OTHER GOLD STOCK... SEE CHART