In the meantime, don’t try to catch falling knives or chase weakness as there will be plenty of time to get into cheap juniors that can triple and quadruple once things really get going.
Long-term oriented investors and speculators should be aware of the near-term trends but they should also be aware of the conditions that will lead to a shift from a bear market to a bull market.
Gold stocks blew past their 200-day moving averages, gold over $1300/oz. Now let's take a technical look and focus on key support and resistance targets.