Starbucks Corporation Message Board

Big money will move it up upon completion of accumulation.

Kilburg says the trader in him thinks gold is on the cusp of a breakout. "I want to see it get back above $1,500, but I think you can layer into gold positions here," says Kilburg in the attached video.

Why wait? Because good commodity traders know to respect the technicals. $1,500 is a level from which gold broke down. Those who bought that level and rode gold to the lows and back the mid-$1,400s are weak holders likely to breath a sigh of relief and bail when they get back to their cost basis. Traders who bought lower will see resistance at $1,500 and take profits. Either way Kilburg says it pays to wait.

"Once we get back to $1,500 everyone's going to come out on Breakout and say 'that was the bottom,'" Kilburg predicts. He may not be going all in for a trade just yet, but the irrepressible CNBC regular isn't afraid to be a little early in declaring victory.

For the record, $1,523 is his breakout level with a target of $1,700 and he sees $1,250 - $1,300 as rock-bottom support. Either way he'll be back on the show to take his lumps or his victory lap as the case may be.

Finally: What "they" don't want you to know.

What "they" don't what you to know, is that "they" don't know -- and that's the scariest reality of all.

There is no real reason that gold should be declining when we factor in all the reasons it rallied, such as:

1. Quantitative easing leading to artificial market growth and inflation

2. Global money printing and record government debt levels

3. Political uncertainty

Has anything fundamentally changed, aside from the price in gold?

Here's the frightening truth. If gold doesn't make sense now, then it never made sense to begin with. Every single catalyst that gold rallied on is still in tact, only on steroids.

No response is what you will receive.

April Fool.s Day

cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- Barrick Gold Corporation (NYSE:ABX) is trading at unusually high volume Thursday with 36.9 million shares changing hands. It is currently at 2.8 times its average daily volume and trading up 36 cents (+2.1%) at $18.02 as of 3:42 p.m. ET.

■EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Barrick has a market cap of $18.88 billion and is part of the basic materials sector and metals & mining industry. Shares are down 49.6% year to date as of the close of trading on Wednesday.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities.

TheStreet Ratings rates Barrick as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Barrick Ratings Report.