Coming Alive Thursday March 21, 2013 09:42 With the stock market hitting record highs, gold has been taking a back seat. But that may not be the case for long Gold is coming alive. "We are firm believers in going with the flow. The flow for gold is still up, but after a stellar 12 year bull market run, this market is telling us to have patience and to also continue taking advantage of weakness to accumulate at better prices. Gold's reluctance to fall is most interesting. After rising 660% since 2001, it has fallen less than 20% from the highs. That is, after reaching its record high 1 years ago, it quickly fell to its low. That low was tested in the Summer of 2012, and it was tested again a couple of weeks ago as gold neared this low (see top Chart 1A). This low is key today for both gold and silver and we're watching these levels closely $1536 and $26. If gold and silver can weather the storm by staying above these levels, they will come out smelling like a rose." http://www.kitco.com/ind/Aden/20130321.html
