With current fundamentals and market positioning the time for the mania phase could be upon us.
Reviewing the charts one can see that the last setup and requirement for the mania phase to really begin is that many market participants need to be caught in the “bear trap,” clearly noted on the life cycle chart:
For Gold and Silver the start of the mania phase could begin around May 1st, 2013. This date and the current build in fundamentals are aligning perfectly. If this continues to unfold the upside for gold and silver will be, as Norcini says, “100’s of percent higher.”
Source:[link to kingworldnews.com]