Gold Consolidation About Over?

Gold is showing signs of life again. The consolidation of the runup (after 2004 and 2005) might be over; or maybe we might have another year of trading sideways before going higher. Demand remains good from India and China and world growth in general. Supply isn't in abundance either-not much to worry for the bulls.

Again, volatilities being high on GDX, it is good to sell some out of money options to get paid while you are holding those shares.

Sanjay