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Thursday, January 26, 2012
HUI vs. SPX
Monthly HUI-SPX ratio chart shows that the 'bullish gold stocks vs. broad market' stance is still a good one. Too bad so many casino patrons insist on feeling good and buying what everyone else is buying instead of thinking about risk vs. reward on an ongoing basis. Even better news is that the smaller miners and explorers are out performing the seniors as represented by the HUI.