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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (45847)	7/28/2007 11:33:58 AM
From: loantech	Read Replies (1) \| Respond to of 78424

Thanks koan. I think a huge rally for gold and silver is at hand: <In late July, in the next couple weeks here, gold tends to bottom and then start powering higher as autumn gold demand builds worldwide. The second big seasonal rally in gold occurs between late July and late September. This is similar in magnitude to the first one in the spring. The spring rally tends to take gold from 100 to 105 indexed, while the late summer one tends to run from 103 to 108 indexed. Both rallies are nice and often very beneficial for gold stocks, which are primarily driven by the gold price. With August and September typically weighing in strong in seasonal terms, the obvious implication here is to get long gold, silver, and precious-metals stocks now if you are not already deployed. If late summer buying drives gold higher as usual, the more-speculative silver and precious-metals stocks will follow it up. Investors and speculators alike should take advantage of the seasonally weak summer to add positions ahead of the big seasonal rallies expected in the second half of the year. After a brief seasonal pullback in early October, gold starts its third and greatest seasonal rally. Incidentally this happened last year too, as gold carved a major interim low in October way down near $562 an ounce! After this low, gold exhibits great seasonal strength in November and December. This third major rally continues into January and early February. Since this one takes gold from 105 indexed up to effectively 115 indexed if the January/February portion is added, this third rally is about twice as big as either of the first two. Thus gold’s bull-market seasonals greatly increase the probability for success for long positions in the second half of the year starting in late July. From August to early February, traders have the opportunity to ride two of the three big seasonal rallies including the biggest by far that starts in October. While it remains to be seen if gold will reasonably mirror its established pattern for the rest of this year, it sure has been mirroring it fairly well since last October. I sure wouldn’t bet against these seasonal tendencies today. >>>>>>>>>> zealllc.com