Wait just a bit more!

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Chart courtesy of http://stockcharts.com

I have been away working hard. While stocks are up but bonds are also up (and yields down) signaling a slowdown in US, commodities are struggling for now.

Gold and Silver are fighting and I think they are doing very well. Strong, very strong hands, couldn´t manage to dump them and they remain above last major bottoms.

November will be a good time to see precious metals rally. We only have to wait for the elections.

Junior gold and silver companies are waiting to be bought. Tomorrow I may resume trading.

In my opinion this chart is bullish (see MACD´s histogram).