Loading ...another indication things are getting revved up. GDXJ outperformed GDX by 1.5%.
Ipso – yes, when Monarca starts really running it’s probably time to consider lightening up.
Goldie – Divi stocks are the way to go for sure. Just have to figure out when these guys are going to start raising those divi’s – I’ve heard nothing from NEM or B or any of the big boys yet. AG doubled their divi. They are all going to have to start paying out big dividends soon.
You know what’s funny about all this. For the first time maybe ever, I don’t see a big correction on the horizon. It feels more liked we’ve marked new territory and we’re not going back. I know we’ll have corrections along the way, but I don’t see gold going back to $3K or silver to $50. They are still moving up and it seems like there’s a long way to go yet. This is demand driven, and the paper guys are bleeding heavily.
Now watch, we’ll get the mother of all corrections next week.