Thanks for the great chart Hobbers. I will tack this chart onto my corkboard for future reference as the crossover of the monthly FAST STOCH(14,3) combined with a move out of the oversold area under 20 seems to be a highly reliable buy signal.
I also note this chart proves that PM equities are at unprecedented oversold levels when compared to Gold - even moreso than during the historic 2001 bottom. Shares should be trading at least 80% higher according to historic norms of this ratio, instead they are trading as if Gold was $400 an ounce. Sorry if I sound like a broken record but Unregulated Shorts Out Of Control (USOOC) are the only logical explanation for this dichotomy.