A partial thought from Jordan-Roy Byrne "In the bigger picture let's remember that its summer which is typically a weak time for this sector. Declines are coming on low volumn. Furthermore, PM's [Gold,Silver,gold stocks,silver stocks,etc] since their 2008 lows haven't even retraced the Fibonacci minium of 37% The bad news is that any runaway move is now at least 3-6 months away. We are likely to see a significant bottom prior to the Fall, but it will take the sector time to repair momentium and climb back for a retest of the highs. That being said,if/when we see another round of weakness....that will be the time to put some cash to work." jasmts