If and when ECA.to breaks out of the neckline at 18, it will have a target of 32. Graddhy has this momentous bull market in the commodities nailed, I do believe. For the last few years, we have seen the economy expand. Commodities are the last to benefit in an economic expansion. And, of the commodities, GOLD is the last to benefit. Or so I’ve been told. Inflation is on the horizon.