It was another volatile start to the trading week on the Canadian markets and by the end of the session the bulls were victorious on the big board but the bears remained well entrenched on the junior bourse.

Printing & Bailing R Us — that’s the new name for the Federal Reserve. As they ramp up the presses and bail out the banks, one thing is for sure: Gold prices will soar. The fact is, money supply is expanding at a hyperinflationary rate while credit is shrinking. This is a toxic cocktail for exploding gold prices.

I am starting to feel very bullish about junior mining companies, more bullish than I’ve felt for a long time. Several factors suggest to me we could be set for a very nice run here.