U.S. Stock Market - The chart in this Safehaven article and much of the analogy given fits my outlook. I’ve not worn a bear hat since MARCH 2009 and have been looking for a new, all-time high before even considering taking the hat out of storage. In a perfect world such a new high would cause a mad rush to get in and after the dust settles, the hat would likely be put to good use.
Gold - I said last week avoiding any new purchases until gold either broke above $1,700 or retested the $1,500 – $1,550 area appeared the way to approach gold until further notice. The paper market at the Crimenex continues to stifle the strengthening physical market, but in the long run, I’m betting the Putin’s of the world win out.
U.S. Dollar – Continues to trade in a narrow range and this previous comment remains valid.
Mining and Exploration Stocks: