Goldbugs!

So yesterday stock market indices were hit in the 1.25-2.25% range.  Mid-day the gold stocks were up smartly, and had they kept more of their gains that would have been a nice tell.

More and more gold traders have thrown in the towel (Mark Hulbert).

As a reminder, the fundamental bull case is money printing the world over.  The U.S. has the nicest large house in the developed world, yet here are some cool charts that show just how much papering will be coming:  Heritage

This negative real interest rates chart says the bull is proceeding on pace:  Casey Research

Gold stock specifics:  John Tumazos

Gold technicals:  Louise Yamada and Decision Point