Considering that gold only recently broke out to an all-time high and considering the FA backdrop you really don't hear that much about gold these days. We are at a critical pt here. In the next few weeks we'll probably either start a much deeper correction or we'll yet again leave the traders behind. I'm betting on the later although I wish there was more strength in the junior to confirm. You're right about the catching up. If not then I take it to mean that the Fed is so far behind that deflation is already taking hold.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.