Howe Street.com - Ross Clark

Ross Clark makes the case for an equity decline in the markets using Dow Theory. He also forecasts a pull-back for gold prices which is commensurate with the markets.

Gold will decline temporarily in an asset sell-off, but the average price is very well supported by the fundamentals.

So watch and see if this is the correct point of view, or whether its wrong.

The focus for GBN.V should be on the development and promotion of the strength in the balance sheet and paying dividends as a gold mine, instead of presenting arcane geological facets that promote the developmental deficit.

http://talkdigitalnetwork.com/2012/02/dow-theory-gold-moves/

An equity decline call is also commensurate with Joe Granville's call of a decline in the Dow, based on On Balance Volume:

Bloomberg

-F6