It's nice to see both gold and Silver rally up rather nicely lately. Sure is a bullish sign. But after such a strong drop last week, we should see the prices consolidate for a few weeks or so.

Gold went from $1,030 to $920. Now back at $950. Should climb to close to $1,000 than drop to $940/950 then back up to 970/980. Then you can see a very strong upleg to perhaps $1,200 even more. That for me will be the signal that big money is looking for to enter this PM market in a BIG way.

At this time ECU should be at the end of it's 2 year pennant formation.........

Just my opinion.

Later