A Golden Cross has occurred on gold's daily chart and is indicative of an imminent move, but consolidation first in the near-term would be healthy.
If silver's $29-$30 price level is taken out decisively on price and volume, a bullish run to the $50 per ounce 2011 high could be explosive.
There is a hot debate in the financial universe about the risk of runaway inflation as gold remains a stable store of value. I break it down on Operation Freedom live radio with Dr. Dave Janda.
Gold Mining Stock Poker and the Gold Bugs Index Breakout Part 2 - Technical Analysis - We could be in for some wild swings in the financial markets.