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Message: Gold Just took off this morning

I've been out of town the past 2 weeks but between family interaction and driving a family boat, I've been checking the Kitco for PM action and I think the HUI and XAU have been very quietly rising which should help SF once we have favorable news. SF has been in a horrible downtrend for a year or so along with the PM sector collapsing and gold/silver consolidatiing so we can pray all we want, but whether the downtrend reason is the hedge fund ratio or algo trade or JPM's manipulation, down is down. However, it can only go on for so long and now we're waiting for the right catalyst which may be that the CYCLE is just ending. One famous cycle theorist said 1640 is the magical number on the gold bottom cycle and 30 for silver so we'll see! Thanks for all the good posts! Khaki

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