"We are still waiting for a new buy signal for precious metals and mining stocks. Not there yet. The HUI PPI did generate a buy April 25th, but the stochastic indicator has not. Gold, Silver and Mining Stocks are putting the finishing touches on a three wave correction that has been underway for almost two years. They are setting up for a mega rally. That rally should start by mid 2013. The Weekly Full Stochastics are at levels that in the past, almost universally, have identified major bottoms."