I thought that gold bugs in the subscriber base might be interested in the goings on with two primary gold royalty companies, especially due to our current 'unconfirmed' status on…
Gold got blown up in 2 days with respect to the short-term rally. Watch for gold to bottom before silver as we likely transition into a phase of gold leadership over silver. Key support is from the 1300 down to 1270.
A brief update to note HUI is now approaching the resistance level of 245 to 250 that we have been noting.
Updating the HUI symmetry plan, we see that this week’s candle is nearly perfect in its mirror image of the corresponding one from October. So all the miners need to do is finish out the week around current levels and our ‘picture analysis’ lives another week.
Well, our work of art kept to plan for another day. The two shaded candles are the corresponding candles of interest for this week.
Franco Nevada (FNV) is described as one of the best (if not the best) run precious metals royalty plays by people who seem to know their stuff, fundamentally. What I…