http://www.financialsense.com/fsu/ed...

"After this correction lower is finished however, which as you know from discussion over the past few weeks we expect to occur in May, if history is a good guide one should see prices advance afterwards, with potentially spectacular returns possible in junior shares based on our studies. Here, you may remember we were originally looking for a bottom in late April consistent with the 1978 model (see Figure 3), where circumstances (stagflation) / seasonal patterning at present are similar. Because of delays associated with excesses of inter-market relationships however, mainly predicated on stubborn dollar ($) weakness which is finally correcting higher now, the final corrective wave lower for precious metals should fall in May, which as you know is a common turn time within the context of the present bull market. And of course this hypothesis is heavily fortified in the above chart, where it should be easily discernable to you that like a beach ball held under water, gold is now popping straight back up to the surface, which is measured by peak 10-year returns witnessed in the 70’s."