"A two day consecutive close about $30 should bring hedge funds into junior gold stocks, igniting a strong GDXJ rally to $45!"
http://www.321gold.com/editorials/thomson_s/thomson_s_011315.html
GDXJ is $28.80 at the moment.
http://finance.yahoo.com/echarts?s=GDXJ+Interactive#{%22range%22%3A%223mo%22%2C%22lineType%22%3A%22combo%22%2C%22scale%22%3A%22linear%22}
On a related subject, a couple of years ago, the marginal cost or production for copper was around $2.80 per pound. Even then, spot prices weren't all that much higher than that. Now, however, spot prices are at this level, which suggests copper mining is no longer profitable.
Hogwash! Innovation continiusly drives down costs in mining, AS DOES LOWER ENEGY PRICES. Presently, and while copper prices are falling, the marginal cost of production is falling even more, meaning that PROFIT MARGINS ARE RISING.
Watch reports from producers over the next few months to confirm this fact, which will then add more heat to that fire even if energy prices have recovered a bit by then, IMO.