by Chris Kimble | Oct 10, 2024 | Kimble Charting
The precious metals rally appears to have reached an important juncture. Yesterday I wrote about Silver and a potential inflection point. Today, we turn to the gold miners and the all-important Gold Bugs Index (HUI). Above is a “monthly” chart of HUI. Here we can see...
by Chris Kimble | Feb 17, 2021 | Kimble Charting
Last year’s rally in the price of Gold brought renewed excitement to gold bulls (and gold bugs). And it all makes sense… A pandemic, political unrest, and lots of money being handed out. But Gold fizzled out in late fall after a big rally. And it’s been trading...
by Chris Kimble | Jun 14, 2019 | Kimble Charting
Are Gold Bugs fans about to receive positive news they haven’t had in years? Possible! This chart looks at the Gold Bugs Index (HUI) on a weekly basis over a couple of decades. The index has spent the majority of the past 20-year inside of rising channel (1)....
by Chris Kimble | Feb 25, 2019 | Kimble Charting
Mining stocks are facing an opportunity they haven’t seen many times in the past 8-years! This 2-pack looks at the Gold Bugs Index (HUI) and the Gold & Silver Miners (XAU) Index over the past 12-years. Since the highs in 2011, both have created a series of...
by Chris Kimble | Dec 26, 2018 | Kimble Charting
The Gold Bugs Index could be sending some good news to this out of favor sector of late! The Gold bugs index has struggled for the past 7-years compared to the S&P 500, as it has created a series of lower highs. This decline reflects that Gold miners have been...
