Gary Tanashian | Feb 14, 2016 12:28AM ET
Now that the world knows gold is bullish and those pumping gold for the wrong reasons are finally right anyway, let’s take each of these macro indicators one by one. We will start with the little planets and work our way up.
That folks, is a trend being changed. The implications will be that traditional money managers (instead of just we lowly gold bugs) will be moving into the gold mining sector because their mandate is to herd into what is working.
For years now NFTRH has noted that it is the counter-cycle (h/t Bob Hoye) that is going to bring on the right environment for the gold sector, not the widespread hallucinations about inflation and Asian demand in the face of global deflation. That comes later, and it will come sooner or later as the deflation play gets… played out.
For now, gold and the miners are doing exactly what they are supposed to do at the start of a new cycle. With that knowledge in hand, I am finally able to manage the sector for subscribers not in the defensive way of the last several years, but an offensive way. The pullbacks will come and they look to be opportunities. We have our fundamentals coming into place, finally. Well Hallelujah!
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