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charts courtsey of stockcharts.com |
The HUI is still Bearish,sideways movement. Pretty much as the same with Gold. Tom McClellan had an interesting article on Gold stocks vs. ETF's. this past weekend.
www.mcoscillator.com it has some information that is similar to what I had posted about Goldstocks can rally 3 months before Gold and inverse as well. It's a very good article.
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