As I am writing this gold is down $60 ($944) and silver is down $1.60 ($18.33). This is a good buying opportunity and quite possible the start of the big pull back or corrective move that I have been predicting. If this is the beginning of the pull back, then these prices could continue to trend downward for a while, perhaps as long as six months. But no one can make that prediction with any certainty. The fundamentals have not changed and regardless of where the bottom will turn out to be (it could be right now), gold and silver are bargains at these prices. The continued long term bull market is a certainty according to very strong fundamentals which have not changed. Therefore, you should not try to predict the bottom, but should instead dollar cost average by buying some gold and silver on a weekly or monthly basis all the way down through this correction, and then all the way back up again. This is a great entry point to either start your position in precious metals, or to add to it. Don’t pass it up!