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Re: NUMBERS

in response to Re: NUMBERS by starpick
posted on May 22, 08 11:33AM
So it seems that after 4 months the bottom process has ended. This is very encouraging since all previous bottoms marked excellent entry points. Please note that during this bull market in gold the junior sector has found itself only once before in such deeply over-sold territories which was in late 2002. It took then about a year to move towards an over-valuation against gold which resulted in a banner year for the juniors in 2003! The beauty of this monthly chart is that it leaves plenty of room for a giant up-move for the junior sector that could last for more than a year.
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