gold stocks turning up?

Here's an interesting article by Michael Swanson over at Kitco proposing that gold stocks may be about to turn up.

http://www.kitco.com/ind/swanson/20120413.html

Swanson notes that "Over the past ten years there have been five times in which the HUI and XAU gold stock indices have fallen below their long-term 200-day Bollinger Bands. Each of these drops have made for fantastic buy points in the gold secular bull market."

The article has a very nice chart that illustrates his point. IMHO it is worth reading no matter what you think.