Kicking and screaming......

Crude threatening to touch $120, yet the dollar is higher; new geopolitical tensions with Iran, and gold is up $2. What are you gonna do?

First, you are prolly wondering where the old Traderneal is? You know the profanity, ranting traderneal. When it comes to a market like this, what are you gonna do, what can I say. It is what it is. I can't fight the world's CB's, I can't fight GLD, which is liquidating. The only thing I can do is be secure in my beliefs that gold is going to well over $1600. The country's problems have not gone away. They are still there building every day. The cracks will continue to appear and one day this house of cards is going to come on down.

For now, I am taking my shots in the gold stocks, long and short and when the time is right, I will be buying bullion viciously. But that time is not here--yet.