US$ Gold is on its parabolic path
Resource Sector small caps now ready to follow
GOLD
• Parabolic uptrend.
• US$3,000 quite soon
CDNX
• Canadian small cap index
• 16 year bear market is now over
• Big move coming very soon
ASX XGD vs A$ GOLD
• 16 year bear market ending here too!
S&P ASX Indices are not very useful for small caps.
You have seen the upturns in most sectors for the small caps that MPS follows in the series of MPS sector indices.
The TSX-V has the CDNX index for small caps covering all sectors not just resources.
However it is a useful proxy for the resources stocks in Canada.
Suggests a 25% move coming very soon.
Longer term suggests 500% increase within the next decade.
ASX GOLD SECTOR
16 year bear market of gold stocks vs A$ gold has ended.
50 year cycle bottomed in 2023.
Will it be 16 years of bull market now?
