Background

We are moving towards important leverage points in the financial markets and we are only half way through the summer.

Actually, I believe this is an important fulcrum from which investors can beneficially leverage their Junior Mining Positions. It is indeed a critical time. As I mentioned in my last article, I think we may have turned the corner on gold and the PM complex and some of the indices such as the HUI are indicating as much. Nevertheless, it is still a relatively slow start after anywhere from 8-13 months of agony depending upon how you calculate the retrenchment. However, there is time to purchase some very undervalued gold and silver shares in this ongoing gold bull market. read more

It would appear to have been a long seven months as gold and silver continue to build bases. There are many long faces out there due to downward stock chart channels and hence the title which happens to be the title of a golden oldie: Good Time Charlies Got the Blues. If sentiment has been any indicator, many of the “Good Time Charlies” do indeed have the Blues. read more