Secular Trends Update

Gold chart looks amazing here, very bullish above that 20dma and held the 50dma when Silver was hammered to scrap.

I told you the bottom was in the metals and the HUI would lead the way and that is what i wrote  over a week ago before this rally. ( Link 1 The bottom is in, Link 2 explanation)

It is good that this hasn't really started it's move up, so we have a way to go before the next pullback, this is a good contrary indicator. 

Oil is down huge, barely hanging on to the 150dma. Global slowdown strength in the dollar, great spot to go long but all this depends on monetary policy yesterday Bullard spoke and oil rallied along with everything else. If you believe in the long term trend, which is? QE to infinity then you buy right now. The DBA and MOO look pretty much the same but if you take a look at what happened in march this sell off isn't as bad as that one and was profitable to add at that point. Thats the beauty of a secular trend it will give you a chance to get in or add.