Yeah, the stocks are not acting real well. You could even make a case that a bear flag is breaking down in both the stocks and the metal. And the Venture exchange looks tired and possibly in a distribution phase (I'm certainly distributing my Venture stocks). Still, I think we're just in the midst of a long consolidation during a weak seasonal period. I suspect gold will trade between 1050 & 1200 until the fall. Most of the stocks will probably just trade in the current range.

That said, it is a bit frustrating to be overloaded in PMs when everything else in the market is making new highs. The Wilshire is up more than 4.6% year to date, while the XAU is down more than 4%. I've been gradually moving into other sectors and cash.