Mostly: Classical

[ItsAllCyclical]

More than anything these days Sly is selling himself. He's calling this a major top similar to 1980. So gold will not make new highs anytime in the next 5-10 years is the way I interpret that statement. The 70's bull market did suffer a 50% correction at one pt. So a trip to low 400's again would have some precent, but I don't think we're there yet.

GDP data tomorrow. Today was somewhat ugly, but the ST bull scenario still has a heartbeat, but it's getting more faint. If gold pops tomorrow, but the shares remain sluggish I'll likely take more off the table in preparation for sub 600 test.