Mostly: Classical

[ItsAllCyclical]

I'm not sure either hour is more important. Depends on your timeframes of course, but we're both IT creatures (I think) that have been trying to trade more ST since that's what this market demands. Volume was still not there in many issues (ABX, NEM), but on some key issues (stuff I own) volume is looking nice.

This move in gold has been inspired more on inflation side so I don't think this is "it". But I do think the rally could go another 10-20% before failing again ST. I'm overweight AUY so if we get another big move tomorrow I'll likely take some and diversify or just raise a bit of cash. Deflation should rear it's head at least one more time before gold is crowned king. I don't have any set targets ST. Think we'll see a day where gold is up $20-30 soon and then we'll see if the gold stocks lag or get some volume.