Above are charts of two gold companies - GRS and AZK. This is our first time in Gold. Sure the time to invest in gold was in 2001. But we believe Gold had its time in the media last november when it raced to over $1000. It also had its "crash". It has been sulking away, consolidating beautifully (look at the GLD) since, and is looking to recapture its time in the limelight (which has gone to oil recently).
Historically, Oil and Gold trade in a ratio of 10:1. Oil is just about correcting to about $130. I believe Oil will correct to about 120$ or so, coinciding with a rally in the DOW. We expect Gold to hit 1200$ or so by the year end at least.
Accordingly, above are some Gold stocks we are looking to load up on hit of their bottom lines. These charts are looking nice and bullish. We believe it will be gold's time in the limelight soon. How about that for sector rotation?
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