time to go long, page-41

read my posted David Morgan report in the Silver thread

2 key points of where we are heading ST:

The chart above, from one of my longest Internet
relationships (Sharelynx.com), provides us with what we
might expect for the precious metals in the future. A sharp
drop, as we have all experienced, then a double bottom,
which takes two months, then a recovery to the
intermediate level another two months, and finally the
market recovers to the old high ($1000+ gold) almost
eight months later. Once the old high is achieved, the
market moves up rapidly, as can be seen in the above
chart.

This does fit our current thinking: perhaps six to nine
months or more before we see a full recovery to the March
2008 highs. Many that are unprepared will be very willing
sellers when gold does recover to the previous high due to
the deflation psychology being deeply imbedded by that
time. This in our view is an error, because it is just the
launching pad for the next leg up.