Hi Tf, According to this week's newsletter from Tom McClellan gold could be making a bottom (McClellan's father created the McClellan Oscillator). http://www.mcoscillator.com/learning_center/weekly_chart/gold_priced_in_euros_has_gone_quiet/ He says looking the Gold's 13.5 month cycle this would happen around the middle of August...give or take a month. He does some hedging when he says "Eventually gold is going to leave the area of €1050/oz and go somewhere". Anyway I have put Gold and the Gold Miners on my radar. Best regards, Ray