It has been a truly glorious month for gold, and the purpose of this update is to point out firstly that the gold breakout of the past week was genuine and secondly that any short term reaction back as far as $1380 or even $1370 will not negate the breakout – instead it should be seized upon as an opportunity to build positions across the sector, especially in trampled down undervalued silver stocks – silver broke higher last week on its strongest upside volume since its frothy top in 2011 andon
