Well, let's see here.

When gold was hovering at the $1000 level, everyone and their uncle was saying to expect one more push down in gold, then it would be off to the races. Some people were also asking if gold stocks should be sold and repurchased lower. I'm sure glad I did NOT sell my junior stocks, otherwise I be rather upset at myself.

OK, we got the push down. We knew we would because of the usual options expiration. Can't have people making money on options now, can we? So here we are, in just a few short days, slammed down to the $930 level. Well, we got what all the gurus said we'd get before the next great rally.

So where's all the joy and partying? It's now time for that rally that's expected. Why is it that we can frown and fret about the expected smashing, but it's seems to be so hard to work up even the smallest amount of joy for the expected rally? I guess it's like going to the dentist. We don't want it to happen, but we know it's going to happen anyway. We know well be much better and happier after, but that doesn't help right now. After the dentist visit, we're still not happy because our mouth isn't back to normal yet. In fact, we can't seem to feel anything. Then gradually, we feel start to feel better again.

I'm tickled pink. The world is going to hell in a hand basket (that's not the part that makes me happy) and we all know where gold is going, because it's now time for that super rally we were told was to take place once we got dirt kicked in our faces this one last time.

However, I'm going to make a prediction. I'll bet that after gold rallies back up, some time soon all the gurus will once again come out of the woodwork and tell us all that there will be just one more push down, then it will be off to the races. I'll also predict they'll appear about Monday, March 23, because the next options expirations is on Thursday, March 26.