Below is a monthly chart of HUI telling some stories of the past. The 2003 to 2008 bull rally ended with Huey’s “crown of thorns” as I used to call it back then. An H&S that formed at the end of a great inflationary phase in the markets. The great crash of 2008 (Armageddon ’08) was completely deserved because as I’ve belabored for so many … Continue reading Gold Miners: Dismissing the inflation Bugs
Below is my fairly wordy response to a subscriber who asked how long the process (of crashing, bottoming and rallying) for HUI lasted in 2008. He expresses that, much like myself, he is not a day trader and while following my analysis he wants to know what to do in that context. Using Wesdome Gold (WDO.TO/WDOFF) as an example, he somehow interpreted that I’ve said … Continue reading NFTRH; On gold stocks, interpretations and doing the work
I am pretty sure we have reached the peak hysteria moment, with Basketball and Hockey shut down, the kids all sent home from school and supermarkets looking like a battle of the survivalists (or Guy’s Grocery Games gone mad). The Corona effing virus. Welcome to the fear event that is surpassing its reality and taking on a life of its own. Last I’ve seen China … Continue reading Peak Hysteria
