Place your bets for the timing and estimate of this month's takedown in the bullions...if it happens and why wouldn't it?

Let's see: $1580 to $1600 bottom for gold and wild guess of $29 silver. I suspect the PM stocks to dip but not in synch with the metals. Let's see....AUM $8, YRI $14, SVM $8 bottoms....well, you all have your pet stocks. As for AUM, if they call off the dogs and some influential "types" call the right people, I am guessing AUM will spike to the $16 area easily by Dec.

Looking for a nice rise in early Nov. Trying to trade all this is most humbling, even for the Paulson's of the world....so I for one don't try.

Caveat: if "they" orchestrate a big dump in the equity markets just before the euphoric upside cometh (post EU fix and QE3), all bets are off for the short term...but the resulting potential could then be breathtaking.

All just a guess, mind you. No matter what, we have turned the "corner" and I am most optimistic, as I expect most of you are, for the next several months.

Now that I'm out on "that limb" I will watch out for any hint of those bearing axes...or even hatchets. Best to carry rope.