Replies to post #817 on Triple 000 and Sub-penny Chart Plays

[trader53]

DGRI, KATX, SUGO - May, is seasonally "Strong" for Gold >

Time To Pick Up Gold Deals

The sentiment is close to an all time low for the mining shares, but, profitability is up significantly.

We have also seen an increase in "mergers and acquisitions", which may be an early indicator that things are about to turn around.

The time to buy is when everyone is selling,
and this summer might just be the time to step in and pick up some bargain deals.


The chart shows the average seasonal strength of gold since the beginning of the bull market in year 2000.

http://seekingalpha.com/article/543551-summer-doldrums-might-be-the-time-to-pick-up-gold-deals?source=yahoo




The chart below shows the seasonal strength of the gold bugs index (HUI).