Yup, sometimes the very BEST time to buy is when the technicals look their bleakest. That is when the MANY are usually throwing in the towel in disgust.

The last prime example of that for Gold was almost 3 years ago when the price had been pummelled down during the 2008 credit crisis from the highs made earlier that year. As the POG languished below the 200dma in early 2009, touching a low just above $800 per ounce, most believed that the then 8-year old bull market had finally come to an end.

But, as it turned out, that would have been the ultimate time to BUY into Gold and the entire precious metal sector. So perhaps we now have the best opportunity to get long again since then, with a very strong wall-of-worry now re-established in the sector this week. Time will tell of course, but being a bull has certainly beome a contrarian viewpoint very quickly once again.

Anyway Ron, glad to hear you are hangin' in there these days. A trip down to the warm sunny climate of Ecuador sounds like just what the doctor ordered :)

Best regards.