WHY DO I INSIST WITH GOLD STOCKS?

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In November I had reported many Oil Stocks that have been heavily accumulated…

in the Portfolios of my Investor Clients but today I see a situation that is suggesting me to switch positions in Golds Stocks every day (which I have been reporting for a few days)
This is suggested by the ratio between XLE and GDX which is strongly correlated to US 10-year rates
– If rates continue to rise, Oil Stocks will continue to outperform
– if rates fall again (as I think and as Riesner also thinks) the scenario will favor Gold stocks
I am already increasing the positions in the Gold stocks and I will start to lighten the positions in the Oil Stocks by switching into the Big ones among the gold stocks

DeMark strategy also indicates a possible full SETUP for the WTI and this increases my view

Source: Hedge Fund Telemetry

Gold – on the other hand – is found at 61.8% retracement with a Bullish Sentiment at the lows of recent years (around 14)
I am contrarian so …. I buy Gold stocks

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