chart, page-16

has it already bottomed at $1307?

I think it wants to go there again just one more time. perhaps a higher low or test the $1307 area and bounce off it.

Should these observations prove correct the best buying time is now through to mid February. I suspect the price will drift lower over the next 2-3 weeks then take off with vigour thereafter

Have a look at the HUI. Do we see any technical failure there? NO

Good luck guys, it buying time but stocks are limited.

GC