2014 should be a great year for Commodities and Miners and I expect a period of financial market turmoil for the US Market. I believe that we are very close to an important corrective move as the Market is due to top in March 2014.
Since the beginning of the year we can notice that money has been flowing into Commodities, Metal and Miners. The market gave us some important clues already at the beginning of 2014 – some ratio charts were clearly telling us that early January was a buy signal for all the Mining stocks. They also put in perspective that money flow was going to come into the Metal and the Miners sectors.
The current Gold Double Bottom Pattern occurs right on the symmetry guideline. Silver is also in a process of a Double Bottom Pattern and back tested twice the Base Pattern neckline. Silver broke above a 30 years base pattern neckline and back-tested it in early 2014. The silver chart looks immensely bullish.