Fitzpatrick Gold, Silver Correction Targets Hit

``... it looks as though this correction may be nearing the end now that the objective we had been targeting has essentially been satisfied.  It's possible that gold may trade a bit lower because of momentum, but certainly we have now achieved the target I gave to you when we broke the double-top on gold... We found this interesting because it was virtually identical to the high-to-low down-move that we saw in gold in 2008 (also 34%). While we certainly haven't seen anything yet to say we are about to head up dramatically, we believe that we may be bottoming here in gold. We've also had a significant move in silver which is virtually identical to what we saw in 2008. The down-move in silver is now at roughly 60%, and, again, that is what the silver market experienced during the 2008 meltdown. ;;