NYSE:HUI   NYSE ARCA GOLD BUGS INDEX
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In the last few weeks I have posted a couple of times regarding the status of precious metals. In May I said that the preceeding dramatic takedown of gold & silver in April wasn't as bad as it looked. This month I said the sideways pattern revealed over a multiple month perspective was almost over and one could start nibbling on their favorite gold and silver stocks. Now, as the precious metals charts have pretty much done what I have expected over the last 6 months, I am ready to DECLARE that the consolidation is in it's FINAL COUNTDOWN before BLASTOFF into the largest and greatest BULL MARKET in financial history! Stay Tuned the FUN is about to begin fairly soon.(Will have more next week)
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