Seasonality: Finally Entering The “Golden Period” in Gold and Miners

Gold miners have been in a 3-month long, gruesome correction. The good news is that a) This correction is very long in the tooth and b) Gold and Miners are just entering one of the strongest periods based on seasonality. A potential trigger could be the Dollar Index breaking support. In other words a major bottom could be in any day now and there are plenty of junior miners that are at capitulation selling valuations FWIW.

Dollar Index:

Gold Seasonality:

Gold Futures:

(Green area = Strong Seasonality)

HUI Seasonality:

HUI Chart:

(Green area = Strong Seasonality)

Silver Seasonality:

Silver Futures:

(Green area = Strong Seasonality)