This type of move in the gold price would traditionally rally the HUI Gold Stock Index from +10% to 15% in a normal market. But, given the market is now re-testing the October-December lows, the move in gold stocks while positive, is still somewhat muted.
The HUI gold bugs index is very undervalued to the price [...]
Entries from March 2010
HUI Gold Bugs Index vs. Gold Chart…
January 23rd, 2009 · 1 Comment · Gold & Silver Charts
Tags: Gold chart·Gold Chart. HUI:Gold Ratio·HUI Chart·HUI Gold Bugs Index
The International…Art Imitating Life?
January 18th, 2009 · 3 Comments · Politics, Money and Markets
Bankster Gangsters
They control your money,
They control your government,
They control your life,
And everybody pays.
You give them your money…
You trust them…
But what if they used your money,
for something else?
Sony Pictures — “The International”
Does life imitate art, or does art imitate life?
S.O.T.B.
Tags: Art imitate life?·Bankster Gangsters·Life imitate art?·The International
Don Coxe on Gold…
January 16th, 2009 · No Comments · Gold and Silver Trading, Research & Analysis
Just a couple of highlights from Don Coxe’s call today…
– Thinks commodity stocks have bottomed, but not the DOW and S&P.
– Believes the Fed’s actions are so inflationary, that once the crisis passes, people will soon begin to ask how they can protect themselves from inflation. And the answer will be — Gold.
– [...]
“Bye-Bye American Pie”
January 16th, 2009 · 2 Comments · Politics, Money and Markets
Bye-bye American Pie,
Greenspan blew a bubble,
Paulson told Congress a lie.
Banksters stole your money,
Left your family high and dry.
Now you can’t find a job,
No matter how hard you try.
Say good-bye to your dreams in the sky,
Say good-bye to your piece of the pie.
– SliderOnTheBlack
Tags: Alan Greenspan·Bye-bye American Pie·Hank Paulson·SliderOnTheBlack
HUI Gold Stock Index Nearing Key Critical Support…
January 14th, 2009 · 4 Comments · Gold and Silver Stocks
The HUI Gold Stock Index is now testing a critical area of technical support.
Back on December 11th, I talked about gold stocks forming a “W” Double Bottom here:
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25245463
Which gave us one of the fastest index “doubles” of this entire cycle, from the HUI intra-day low of 150.27 on October 24th, to the HUI 311.35 high [...]
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