Anyone keen to catch falling knives has had several months to do...

Anyone keen to catch falling knives has had several months to do so, and they’ve cut their hands.

Limited buying now in a sense is a good thing because it means many people are hitting and waiting, and when we do see a change in price direction (most likely when we get good news about production or the permits arrive) those potential buyers will all spring into action at the same time and we’ll have a rally.

Either way, don’t send yourself too crazy watching this pot and waiting for it to boil. It should get there but it has already been a long while and it could be a lot longer still, and staring intensely won’t make things happen any sooner. We can all gleefully post and celebrate when we get that news and enjoy the rally.