Thesis for gold rally Slightly of topic but not really be sure to look at all the links and understand why gold is going to find support and rally and set the table for LAD:
1. The US is heading to recession and FED easing is getting more likley to happen- the proof:
https://www.businesscycle.com/#
2. When Greece leaves the Euro... there will be a huge short squeeze on the EURO/USD short trade. FX traders use a huge amount of leverage...100 pip move can double your money....the EURO will go to $1.30 US once the Euro bottoms at 1.18-1.20. That means the USD rally will be over and GOLD prices will benifit
3. The FED will ease as Romney promises to fire Bernanke if elected. There will be a QE 3 if the jobs numbers keep getting worse.
LAD has to keep coming up with good news and drilling. Sellers are getting flushed out and buyers will be coming.