Gold mining fundamentals by gold's 'real' price were degrading into the 2008 crash. Gold's real price was improving into the recent broad market mini crash. HUI - despite the Reverse Symmetrical Triangle (reversal) pattern that gold stock bears have cited - remains above epic support. Simply epic, and as long as it holds, it implies big things in store.
Imagine what would have to happen to broad markets to break Huey below his massive breakout support zone. Things promise to only get more interesting given the state of the gold-silver ratio and the USD. I have rarely enjoyed markets so much as with what is shaping up now.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Imagine what would have to happen to broad markets to break Huey below his massive breakout support zone. Things promise to only get more interesting given the state of the gold-silver ratio and the USD. I have rarely enjoyed markets so much as with what is shaping up now.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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