Subscribers: A quick follow up on this morning's email update to clarify something. The last line of the update states that upon achieving the noted upside target for HUI "...we will be right back in a high risk situation that could lead to a real opportunity in the gold sector."
To be clear, the possible opportunity (for buying) is to the downside targets (after any coming highs) noted in the update and is theoretical, based on the scenario I consider fairly likely for the broad markets. But first, the near term upside target is in play if we break the daily resistance level, again noted in the update.
Blog readers: Understand that the subscribers need to come first. While I believe this will always be a blog that will be helpful and relevant to important macro-market events, their needs must come first, for obvious reasons. The blog will be used on occasion as a sort of bulletin board for their needs. Also understand that, while I am geek enough to want to cover everything here for everybody, I must withhold a significant amount of information, especially in the gold sector forecasting area, which is my primary personal investment focus. Hope you understand.
