GOLD TO OUTPERFORM THE DOW

GOLD TO BEAT DJIA

This morning the InvesTRAC short term BIG 7 comparative pperformance model confirms that gold is going to outperform the Dow. All technical indicators show that gold is on track to beat all of the 6 other components of the model. Have a look at the chart of the gold/DJIA ratio below...the long term downtrend from the top at 1.746 is still intact...the recent weakness held above the 0.725 low and the ratio has now pushed up through the first downtrend which opens the way for an 11 percent rally to the next visible resistance at 0.860.