The breakout in miners has confirmed that the bear is over. Hopefully most of you have ignored the analysts that were calling for sub $1000 gold, or the ridiculous notion that this was somehow a natural bear market. Gold was manipulated into a bear market just like I’ve been saying for years. Now that the Fed needs commodity inflation the price suppression has come to an end and gold has been released to resume its natural trend. Also I hope most of you paid attention when I warned not to short a baby bull. The job of a baby bull is to cause shorts the most pain and longs that have missed the move the most anxiety.
Tonight’s report is a must read for anyone who is bullish on gold. I’m going to lay out what is happening, and give traders a strategy how to trade the gold bull for the rest of the year. This is going to be a very profitable year for commodities in general and especially the precious metals.
I’ll reopen the 25% off of a yearly subscription offer for the rest of the day.