"Traders would do well to be long gold, and anything PM-related, for this August-to-February period. Almost all of gold’s bull-market gains have been made within this investment-demand-intensive window. The optimal timing to get long is psychologically challenging though. Investors and speculators need to be aggressively adding gold positions in August at the dismal demoralizing lows of the summer doldrums. They have to force themselves to buy when they least want to, to be true contrarians."
