HUI

Notable Public Posts

S&P 500 & Gold Stocks, Mirror Manias

We have been working a theme lately about the mania going on in US stocks (some valuations are not overly manic but policy sure is) and also the one going on in the mirror (a fun house mirror at that) in the ugly precious metals sector.

We are in a time of utter reverence for great and powerful Oz-like people doing not so great things to the rates of interest that would be paid to savers and prudent people (Zero Interest Rate Policy or ZIRP), and doing wonderful things for leverage (substance) users, speculators and asset owners (MBS and long-term T bond buying).

(more…)

Comments Off on S&P 500 & Gold Stocks, Mirror Manias
November 27, 2013
NFTRH Interim Updates

NFTRH Update, HUI Weekly View

A quick update on the status of the weekly view of HUI and its projected ‘W’ or ‘IHS’ bottom as noted in this week’s letter.

But first, to review the daily situation, HUI made its first close above the resistance at 230 (as noted in an update last week by a daily chart).  The next important task is to take out the 50 day moving averages, which are currently 234.55 (EMA) and 241.50 (SMA).

(more…)

Comments Off on NFTRH Update, HUI Weekly View
October 22, 2013
NFTRH Interim Updates

NFTRH Update; HUI

I don’t believe today’s precious metals bounce is anything because we are talking about a market that is fixating on scrambling politicians and what ever scheme they will cook up to extend the nation’s ‘Wimpy’ lifestyle… “I’ll gladly pay you on Tuesday for a Hamburger today.”

(more…)

Comments Off on NFTRH Update; HUI
October 14, 2013
NFTRH Interim Updates

NFTRH Interim Update 2.20.13, Au & Ag

Gold and silver downside momentum is either building into a capitulation and a bottom or the technical damage is going to be obvious.  A drop below 1525 puts gold in…

Comments Off on NFTRH Interim Update 2.20.13, Au & Ag
February 20, 2013