The biggest bargains out there.

The DOW is close to its high and I have no doubt that it will set that new high before dropping in anticipation of a recession here. The slowdown is best seen in the announced closing of mainline American stores. Sears, Pennys, Best Buys and others are closing nearly a 1,000 stores nationwide because of the dropoff in people's income (which has dropped to a 25 year low). So, the DOW stocks will be no bargains in the near future.

There is one set of stocks that are suffering a bear market: gold and silver miners. Here is the ETF that represents over a dozen of miners:

This is even more evident when XAU is looked at in terms of gold prices:

The XAU/Gold is at its lowest level since XAU was initiated.