In this issue...

- Editorial

- Gold & Silver Analysis

- Premium Snippet

Editorial....

In this week's editorial we argue there is sufficient evidence that confirms a bottom in the gold stocks. 

After today, does anyone disagree?

Gold & Silver...

For the past three weeks Gold has tested support below $1600. Today, Gold has exploded higher and will close above $1600 for the week. That is what I was looking for as far as final confirmation of the bottom. Gold should rally up to at least $1700 in the near term.

We want to see Silver close above $29 to confirm the bottom. That is not going to happen today. Yet, as we know, Silver usually follows Gold. If Gold continues higher then Silver should continue higher. 

Premium Snippet...

Yesterday we put out a 23-page update on the gold stocks. In looking at sentiment analysis, pure technical analysis and intermarket analysis we concluded there was one or two things holding Gold back. We noted when these "things" would potentially reverse.  

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