SliderOnTheBlack.com

This week in precious metals was all about the US Treasury Bond auctions.
Would the Chinese and the Russians walk their recent negative talk? Would foreign buyers boycott the offering, holding out for higher rates? And would Ben Bernanke have to step in as a buyer of last resort?
Well, we got our answer…
http://online.wsj.com/article/BT-CO-20090611-714319.html
NEW YORK [...]

[Read more →]

The trading range for the HUI Gold Bugs Stock Index has finally broken out of it’s horizontal trading range:

And formed an upward bias, with a series of higher highs and higher lows:

Gold stocks are now also leading gold, as the HUI:Gold ratio has broken out of it’s trading range and the stocks are once again [...]

[Read more →]

Given all the noise and rumors about new, additional IMF gold sales yesterday, I thought it would be a good time to take an updated look at trading charts for both Gold and the HUI Gold Bugs Index.
For an update on the final communique of the G-20 and the IMF, please see my preceding [...]

[Read more →]

Friday on my Silicon Investor forum thread, I posted some thoughts on “cracking the gap down shakeout code.”
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25527704
Concerning “manipulated” gap down opens in this environment with such positive underlying fundamentals for gold and gold stock valuations…
“Two stocks, Barrick Gold/ABX & Newmont Mining/NEM represent about 30% of the 15 member, HUI Gold Stock Index.
When there is [...]

[Read more →]

As a “generational perfect storm” brews on the horizon for gold & gold stocks, the HUI Gold Bugs Index is basing within a rather defined trading range.
After doubling off the October and November lows, the HUI gold stock index has now found support at earlier resistance levels near HUI 248, and resistance from consistent profit [...]

[Read more →]