Russell: Gold – I can’t prove it yet but I believe the last decline in gold knocked out the last of the gold bugs and gave gold, technically, a clean slate. I believe we saw the ultimate bottom of the gold bear market on Friday (Oct. 10th Ed.)
I believe this is the time to invest in gold and silver if you have not done so already.
If I am correct, gold should act like the release of a compressed spring. Gold above 1300 would make me even more certain of my opinion, and gold above 1350 would represent a major buy signal…..continue reading HERE