From Gold Scents:
Once every year gold and stocks form a major yearly cycle low. Commodities form a major cycle bottom every 2 1/2 to three years. Every once in a while all three of these major cycles hit at the same time. I'm pretty sure that's what is happening right now.
The implications are that once the CRB has completed this major cycle bottom we should see generally higher prices over the next year and a half to two years, presumably topping during a major currency crisis as the dollar drops into its next three year cycle low in the fall of 2014.
I think the 30-point rally in gold today is signaling...
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