A couple of weeks back I was calling for a correction in gold. All of a sudden everyone was talking about gold and how high it was going to go. Bullish sentiment hit an absurd extreme. I got it right; the correction began the next day. Investors tend to forget that even in the most bullish of markets, corrections are common and desirable. Since the high, sentiment has dropped a lot more than price. I see the bull resuming its run very soon. Late July tends to be one of the best times to be taking new positions in resource stocks. There is a lot of low hanging fruit out there and there are many penny dreadfuls that ... (full story)