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Message: We're getting close to an intermediate term bottom

Can't say for sure yet, but today might be a short term peak for gold. That would coincide nicely with a general market bottom. And that should be good for the rees - they've been tracking the market lately.

Been pondering the timing of the inevitable gold bubble. I've always felt that it was 2 or 3 years in the future, but now I'm thinking the future could come this fall. The recent move in gold came despite the debt ceiling settlement - this may have been the shot across the bow. There's a decent chance that after a short (2-4 week) pullback, gold could go parabolic. The juniors will almost certainly go along for the ride.

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