Really insightful stuff, Reg. Gold bounced exactly off it uptrend line from August at about $915 and is now closing in on $940.
Gold spent over 8 hours between $940-950 this afternoon and early evening, so once we get past there [may take some doing], we will move back to $1000 within days.
Silver fell all the way to $17.80 and is also moving back up after falling $3.50 in 3 days.
It was 3 days from tonight that I sat here and witnessed $1032 gold, and 2 hours ago, $915....holy moly....a $117 drop.
All this occurring so quickly and supporting properly could set up a whopper rally over next few weeks. The juniors are washed out and waiting for the signal. ...which could come as early as tomorrow, but no later than a week or so. My confidence and anticipation builds as I have seen this bullriding creature before. Hold tight and dont let go. It will take longer than 8 seconds, but you can ride it if you know the tendencies of the bull.