Is the gold rally underway?

One of the experts I read wrote that the time has arrived to back up the truck and buy gold and the miners. Friday's action was, however, somewhat mixed. Gold was up and silver too, but the miners were lackluster. Whether the miners did not confirm because of a shortage of time, or because investors are not ready will not be known till later this week.

Gold is opening marginally higher, but not significantly higher. If gold goes up to 1273, it will then go to 1300. That is all we can say for now.