Is The Bottom Finally Here In Gold?

My view:

With the massive reversal yesterday after the FOMC minutes were released, it seems that the intermediate bottom is in for gold and the gold miners.

Now we can wait for a little pullback (higher low) before adding some swing longs.

Perhaps the bigger question in the whole economic picture is this:

If the economy is getting so much better as the media and government officials say, why is a zero return investment like gold receiving so much interest?

Watch for another money printing announcement from the Fed in the next few months to a year as global economic conditions continue to decline.