As I have said previously there a certain criteria that I am looking for to signal a bottom in gold stocks and ultimately gold.
We currently have a couple falling into place. The 10th March as mentioned the other week is a date to watch for gold due to a New Moon and a Fib time cluster.
I have started dipping my feet back in this morning on a few choices but not getting too carried away just yet.
Are we out of the woods?....Not quite yet as I have a cycle low in 3rd week of May and that week will also coincidentally be 89 weeks from the 2011 high(Fib) and 360 days(degrees) from the May 2012 low would almost exactly coincide with that time frame as well.
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- now things are getting interesting
now things are getting interesting
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David DeTata, Managing Director
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