"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, August 19, 2011

Huey caught in the battle between gold and the stock market

Although HUI has out performed, it gets dragged down during the most intense phases of market correction and gold up thrusts.  HUI actually prefers it when gold is steady (not frothy) and the stock market is not in free fall.  This is another view of Huey's (60 min. vs. yesterday's monthly big picture) out performance.  Tic Tock...

HUI & SPX top panel, Au bottom













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