Loading ...Interesting HUI chart, although I’m kinda with deer79 on the whole chart thing.
Floridagold’s 10/20 is flashing a buy in the HUI too I think.
So, hard to believe we’ll bust right through the 200 day on the first try which is only a couple of points higher. Who knows?
I’m holding firm on a big flush after the Fed announcement today, but after that it’s blue skies until mid-end January, then we’ll see. Accumulation and volume is heavy in the shares, someone thinks these pigs have bottomed. At some point gold and silver are going to have to justify the shares move higher.
Imagine if every morning we woke up the gold futures being spiked like we see in the SM every day….