Mostly: Classical

[ItsAllCyclical]

I also expect the same. Very ST gold stocks have sold off on very low volume. A test of the upper trend line as well as gold filling the gap (GLD) might be in order next week (HUI 305-310). I still expect some weakness prior to the Fed as those in doubt will raise cash, hedge etc. I don't think the Fed is going to change it's language much from last time and odds are close to 100% chance they'll raise so I think the market will be disappointed if it continues to rally much more ST. Sitting on existing positions here and sleeping well. Markets, gold and commodities still too connected for my tastes.