Miners and gold have started their decent

Gold will soar but before it does, it is likely going down. The dollar might show strength which will weaken gold. Miners, helped with the stock market going down would sink even more dramatically.

This is a short term move because Gold will soar this summer but first it might surprise us!

Comment:

Miners tend to pop before they drop hard. Lets hope this is what it is. We need to see the market roll over and the dollar spike and we will have the decent. I give this trade one more week to start to show signs of life... but I think it will be worth the wait.