...The real significance of these spots is what they say about the solar cycle, says Hathaway. "Solar cycle 24 has begun, but we won't be through solar minimum until the number of cycle 24 spots rises above the declining number of cycle 23 spots." Based on this latest spate of ‘old’ activity, he thinks the next solar maximum probably won't arrive until 2012.
This means that we're still into the extended solar minimum:
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