I often mention to you that the key is that stocks and commodities should follow a certain angle of ascent in a bull market. Gold exceeded that angle by too much very recently and is correcting to be “in line” with a proper angle of ascent.Spike moves up like we just saw always come back down. In speaking to some of you recently I said that perhaps we would see $2000 by December. It occurred too soon so we have the current correction.

We are in a bull market in gold, silver, precious metals and many of their stocks so therefore a $150 to $200 correction was to be expected. The trend in precious metals is up and we remain positive.Click the chart below and you will see where the approximate target area is to return in order to be in the proper angle of ascent; the trend up in Gold will continue. Thank you, K.C