HUI not looking so swell either

Not to be outdone, Huey sports a daily down trend and potential for the SMA 200 to be seen near term.

But in a high risk (of a dollar upturn) environment and considering the gold miners' volatility, there is lower potential as well, including a compelling buy point that NFTRH has been following for months now.

It was not too long ago that many people were salivating at the thought of paying HUI 400 to get aboard. I have got to believe we are in the midst of getting some nice work done on that toxic sentiment.

As yet however, HUI has not broken and risk in owning quality gold stocks is so much less now than it was in May.