Loading ...Everything is working, what could go wrong? To be honest, I don’t see anything right now. Rates are falling USD falling, Emerging markets have been performing again, China is back to blowing another credit bubble. Why not? Other countries are trading in Yuan.
Only thing is the scum, can they muster a reversal here. In recent times not as easy to do for them and at higher levels. They’ve got us pinned at $1940 but I don’t see how it holds, and with last years top around HUI 330, we have some catching up to do.
Other than being overbought, I don’t see much in the way of resistance to 330. Is it possible we could get there without correcting? Geesh, that’s alot though. The charts of HUI, GDX, GDXJ are fookin’ beautiful. Cup n handle, no?