Interesting times for gold - it's in limbo at the moment.
But so are the SP500, junk bonds, and most international stock markets.
Something will give in the next couple of weeks and we will see if gold indeed on a new bull run and if financial markets will pull back.
That said, on a fundamental basis both gold and gold stocks look the better value so while I'm uncertain of the trend I'm choosing to hold the assets that seem to offer better long term value.
That said, I also have a decent chunk in cash, hoping I get a better buying opportunity, just want to see that gold price stablises a bit - I think it will.
MML Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
