Is it fun? Yes, marginally more so than having a root canal. But the HUI is doing what it should be doing in preparation for a test of support. 250 is the level to watch, and that is not just because of this daily chart. If the current stance is correct, it spells opportunity. If it is not, then ... Read more

I would say that I was whipsawed by the recent gold miner events, except that no trading was done on the post-Fed upside nor the downside until yesterday when HUI reached the first support level, where I added to two positions. So, while it was mildly disappointing to see the rise to new highs ... Read more

The main points here are: a) The HUI remains in a downtrend, possibly within a bullish wedge that may be forming down to support. b) The miners are doing a good job of following one of their cost input ratios, gold-oil (GOR). Gold-GYX is similar. It used to be a red flag watching the GOR ... ... Read more