Gold Shares - One Step Closer

On April 6th, I wrote that the gold shares stand on the cusp of a major breakout - gold shares lemmings over cliff. Other than an increase in pressure, nothing has occurred that would alter that assertion. The study of long-term secular trends is comparable to that of geology; It is the study of pressure and time. Time, the 29-year consolidation pattern, is nearly complete and pressure, as reflected in the REV(E) of the Gold Miner's Index, continues to build.

Gold Shares (Time):


Gold Shares (Pressure):