Ignore the pundits and pay attention to the action and what you see around you. Last time I walked down the cereal aisle I thought maybe I needed glasses, but no… the boxes keep shrinking. That’s inflation as seen in food being priced in via smaller servings at the same or higher prices. Gold has likely put in a massive cyclical bottom in the 1180′s with 1156 the likely support now for any further pullback and analysts continue to downgrade the better Gold miners right near the cycle bottom.

Copper has also bottomed in my opinion near $3 and will continue higher than most think as its cycle works back to the north. Coal stocks are looking like massive bottoms if you take a look at WLT, ANR, BTU and others. Freeport Mc-Moran is probably in the process of a bottom near $27 per share as well for another Oil-Gold sample.

Chips stocks remain strong as well and solar pricing is improving for the solar producers… all signs of stronger economies soon to emerge and inflation coming back into play.

Fortune will favor the Bold

Join us either at www.activetradingpartners.com for real time trades or www.markettrendforecast.com for Gold and SP 500 forecasts updated daily

Dave Banister

CIO-Founder
Active Trading Partners, LLC
www.ActiveTradingPartners.com
TheMarketTrendForecast.com

Dave Banister is the Chief Investment Strategist and commentator for ActiveTradingPartners.com. David has written numerous market forecast articles on various sites (MarketOracle.co.uk, 321Gold.com, Gold-Eagle.com, TheStreet.Com etc. ) that have proven to be extremely accurate at major junctures.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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