Chalk up Another Win for the Gold Bulls!

Those of us who have been expecting gold to break out above the $1125 level, and who have maintained our long positions despite warnings from the negative nabobs who are still calling for gold to drop below $1000.00, are now watching the gold bears frantically cover their short positions.

Thankfully we were able to convince our subscribers to pay no attention to the bears and to hold onto gold and silver bullion and mining stocks since the fundamentals are clearly in our favor.

Here are some charts that helped us to disregard the urgings of those who predicted lower gold prices. Charts courtesy Stockcharts.com (more)