
NYSEARCA:GDX
(A Top Pick Jun22/12. Down 1.86%.) (Actually bought this around July 23rd.) Gold stocks should now take off because of seasonal factors. Seasonality will last at least until the beginning of October. In order to go into a seasonal trade like this, it has to be outperforming the market and also has to move above its 20 day moving average, which it did at around the end of July. Will probably add to this on any kind of weakness. You could use the Canadian equivalent iShares S&P/TSX Global Gold (XGD-T). The whole sector looks interesting from the end of July until the end of September.
(A Top Pick Sept 13/11. Down 15.74%.) He owned this during the fall of last year and came out of it in the winter. Put it back on this summer. Seasonably this is a good time to have gold exposure.