GLD is a buy while housing (XHB) is bad…Construction upturn was 2012 aside OEX hit 0…Best time to sell Nov 2011 when construction YoY turned +. TECK up also.

Stocks and real estate are dead for 4 years during the cleanup.

See that housing and gold are inverse. When housing started to recover in 2012, and

XHB was +50% YoY.

GLD went sideways and then crashed in 2013. GDX return same as GLD…

GLD 2.4X vs 2.7X.

Also OEX hit 0 at last bottom…and showed downtrend at end of 2014!

TECK up also 2 months after QE starts.

This entry was posted in Uncategorized. Bookmark the permalink.