Gold Seasonality Chart Shows November as Strongest Month - 

In statistics, many time series exhibit cyclic variation known 
as seasonality. 
For precious metals investors, understanding seasonality 
can help to determine when to buy and sell at 
optimal price points. 
Analysts often mention gold’s seasonality and refer to the 
“Summer doldrums” as a buying opportunity and 
the Winter months as the high season. 
To verify gold’s seasonality and identify opportunities 
to profit from the trends,


The Winter months remain the strongest seasonal period for 
Gold, particularly November through February.
The Summer months tend to be the weakest seasonal period for 
Gold producers, with the month of June showing the only 
average decline. 
May and September are anomalies, when the gold price tends 
to advance strongly during these months, but not in the 
immediate month before or after - 

Here is the chart in bar format as some prefer… 


And lastly, a chart with the 1.5% average 
monthly gain indexed at 100… 


Heading into the weeks of November, the charts suggest 
that investors can expect the gold price to advance sharply 
this month and continue higher through February of next year.

This is partly due to gold dowries for marriages in India, as 
this period is considered a 
lucky time of the year to get married -

Of course, these data points are averages are there are always 
variations and outliers. 
Nevertheless, this is an important tool that investors may 
find beneficial in deciding the best time 
to buy more gold stocks - 

Pinetree Capital Ltd. (PNPFF) CEO investor Inwentash acquires - 
adding another 250,000 shares of Caledonia 

Caledonia Mining Corp 
Symbol C : CAL Close 2012-11-01 C$ 0.10 

View Original Document 
Caledonia investor Inwentash acquires 250,000 shares 

and recently also more CAL for Pintree - 


CALVF TA P&F TI Alert Bullish Price Obj. $0.38 1stTarget 


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@ 4yrs old singing and playing 
God Bless