this article is by larry reaugh, who says gold is leading the way, but that all metals will recover as base metal stockpiles will fall:

Historically, and based on 35 years of data, gold usually puts in a bottom in March and a top in April. We've had the bottom in March (on March 18th), and we await a top in April.

This top in April usually lasts for several months, resulting in sideways action with a downward bias and another buying opportunity in June or July.

The next question is: Can we count on gold rising to a top in April, or is this a year where we cannot count on historical data?

(In the case of silver we most often see a top in May followed by seasonal weakness).

http://www.howestreet.com/articles_a...