Market Analysis: GOLD 3/11/2014

Whats performing better: Gold or Gold Stocks?

Gold has been following a bullish trend for the past several months but we need to keep in mind that in the long term gold may be a headwind for the sector.While gold is up 11.5% YTD gold stocks have risen 29%.

We believe that gold stocks are the place to be for the next few years. It may be best practice to take our profits from gold and sit back for a while. Dont' let this confuse you however - gold miners will still profit as the industry is booming for Rangold Resources.

Another reason we may see gold drop in the near future is the deficit in China's trade balance. China's trade deficit was the second largest on record!