RE: The seasonal swing will start soon enough.I still have no problems with E. They have to put up the numbers, and more importantly the gas sector needs to rebound. Compare to oil gas is trading at more than a 12:1 ratio when traditionally it is more like 6 or at worst 8. When gas rebounds so should the market... however the poison pill is increase in taxes for alberta. hopefully that will be better mediated.
i have enjoyed quite a ride of the base metals since 2002, but i think we are seeing signs of a reversal. i may be jumping the gun but it sure looks like it. still bullish on gold though for now.