Runing Alpha Sees Gold Transitioning into Powerful Bullish Phase

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Running Alpha Sees Gold Transitioning into Powerful Bullish Phase -- Signaling that Yellen will get her way, and start raising rates sooner than later.

XLF should continue progressing in its bullish trend , particularly so when KRE joins the party, and after October 12th or perhaps anytime on or after October 14th, look out for KRE -- Regional Bank index to break above $41.09 -- that level separates the current market phase from a confirmed bullish acceleration phase -- which is shaping up to be very much in the cards.

In addition to the gold equities and ETFs I have alluded to earlier, I really like PHYS , with particularly explosive upside potential, especially after October 26th, if price extends beyond $9.46. Of considerable bullish note is GDXJ ( particularly above $22.56 ), including AEM , , as well as CEF also looking like an extremely compelling opportunity, as it stages an advance above $9.54, and then again further acceleration above $11.46. But all dips within the bullish trend that is now building. Junior Gold Equities will likely outperform their large cap counterparts, but large cap gold companies, of the likes of GG ( as it starts climbing above $18.52, especially after Nov.) and ABX will start playing catch up and participating in the secular uptrend in gold , particularly after the new year -- and likely continue accelerating for the next couple years -- likely to test all time highs as money exiting the anticipated bond market crash rushes into safe haven hard asset classes, and high growth equities, including deep value names.

For clarity, the reference ABX should not be construes as a buy signal for this security now, even if it rallies in the near term with the rest of the bullish gold securities listed. Both ABX and GG do not leave their current phase of underperformance until after their key dates and levels are reached -- will keep you posted for these two names late in year and early next. As for other smaller cap gold plays, I am extremely bullish from here, going into next year and beyond. Great time to be staging into positions on any blips to the downside or retracement within an expanding intra-day range, which is typical as increasing numbers of people start rotating and/or repositioning some of their diversified portfolios into hard assets like gold .
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