Is the question that we all have in mind looking at the performance of PM’s in the past weeks and months. The coming week will give us some clues as we may test the resistances again: mid $1200′s gold and mid 20$ for silver. The chances for gold and silver to break those levels are on the slim side, but not to be overlooked. The very last trading day of 2013 may have formed a double bottom (lasted less than 1 hour and bounced right back up) and that would be the best case scenario and the more bullish signal that the bear market for PM’s is “about” done. On the other hand, if we do correct again lower in the first couple of days next week, or we can’t hold gains by Friday, then more pain is still possible. I remain optimistic and loyal to that June lows/ bottom that I called last summer as we were experiencing it. Only time will tell, and time is running before our eyes rather fast…