Everything seems to be shaping up for a sharp rise in gold bullion and gold stocks. We are not at an outright buy signal, but demand has definitely taken control in this market. At this point I am a major buyer of all companies that have good management and good properties, and that includes the majors as well as the juniors that are truly an unusual buying opportunity. I have always believed the time to buy precious metal stocks was to buy into weakness either at the bottom of their trend lines or near Fib supports. This is exactly what I have been doing since my indicators for the precious metals sector turned defensive a couple of months ago. My indicators have been on defense since the beginning of March, and now I am advocating a more bullish posture. If you already own good solid companies in the precious metals sector, now in the time to add to your current holdings. Don't wait for a further upside move to make your move IMO. If you have been a sideliner, then by all means take advantage of the many investment opportunities in this sector RIGHT NOW. See my charts that I cover on various indexes on gold, various other commodities, and select gold stocks at: stockcharts.com public charts posted by: thomas smith. Note, I am not compensated for any comments that I make, and I may own some of the stocks that are posted at stockcharts.com.

Precious metal stocks are very volatile and entail a high degree of price volatility as well as tremendous upside appreciation potential. All investors must do their own due diligence and make their own decisions as to what type of risk is appropriate for themselves.