Sentences with phrase «hui gold»

by In the past two days, gold has dropped only -1.7 % but the HUI gold bugs index has tanked a far greater -8.25 % in just the past two days!

In the mirror we have the mess that is the HUI Gold Bugs index.

by Before I start today's article, I just want to clarify one statement from my article about diversification in which I discussed how most gold and silver mining stocks are still undervalued heavily by comparing the cumulative market cap of all gold stocks in the HUI Gold Bugs index to the market caps of well - known -LSB-...]

Should Facebook, a glorified advertising company masquerading as a social networking organization that produces no tangible product, really possess a market value nearly 3 times all the gold mining companies that comprise the HUI Gold Bugs Index?

Consider that despite the stellar performance of gold mining stocks this year that have been, by far, the strongest performing asset class of 2016 (along with silver mining stocks), and that even with the massive growth in market cap of PM stocks during H1 2016, the total market cap of all the mining stocks that comprise the HUI Gold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and Amazon.

Should Apple's market value really be in excess of 4 - times the market value (the cumulative market capitalization) assigned to all the companies that comprise the entire HUI gold bugs index, and all the gold reserves and resources held by them?

YTD, his Crisis Investment Opportunities newsletter has more than tripled the yield of the US S&P 500 after also returning positive yields last year, at a time in which the HUI gold bugs index declined by more than 50 % from January 2015 to January 2016.

In fact, we could own every single company in the entire HUI gold bug index, and their total market cap would incredibly be less than 1/4 the market cap of one company, Apple.

Before I start today's article, I just want to clarify one statement from my article about diversification in which I discussed how most gold and silver mining stocks are still undervalued heavily by comparing the cumulative market cap of all gold stocks in the HUI Gold Bugs index to the market caps of well - known single stocks like Apple, Facebook and Amazon.

In that article, I posed the question if Apple's market value really should be more than four times the market value of all the gold reserves and resource held by all the gold companies that comprise the HUI gold bugs index.

Not exact matches

The following chart comparison of the HUI and the NYSE Composite Index (NYA) shows that the gold - mining sector commenced a strong upward trend about 2.5 months after the start of the general equity bear market.

Here is a chart illustrating this development — a performance comparison between gold, silver and the HUI Index over the past 18 months:

At its recent low the HUI was trading at the same price at which it traded way back in 2003 - 2004, when the gold price was $ 350 - $ 400 / oz.

While the HUI has recently begun to even underperform rather noticeably against silver as well, it is generally more closely aligned with silver than with gold.

The gold rally that began in December of 2015 will differentiate itself from the 1982 - 1983 bear - market rebound if the gold price closes above its July - 2016 peak AND the HUI closes above its August - 2016 peak.

Our options trading service has outperformed gold, the HUI and also the doubled leveraged gold ETNs.

While I expect that gold bullion and the HUI will rise to much higher levels during the second half of this year, I don't have a strong opinion on whether they will break above their nearby resistance levels within the next few weeks.

As shown below, the US$ gold price is butting up against lateral resistance that also now coincides with the 200 - day moving average (MA), and the HUI is struggling with resistance defined by a trend - line that dates back to the August - 2014 short - term top.

To be sure I will continue to accumulate more gold and silver stocks as the HUI Index forges an historic bottom.

Our use of options has resulted in SK OptionTrader surpassing GLD and the HUI more than 7 times over, with gains of more than twice the performance of DGP, a double leveraged gold ETN.

On the other side of the (gold) coin, the above historical analysis suggests the HUI Precious Metals Stock Index might soar +326 % to 830 by late 2016.

Gold bullion and the Gold BUGS Index (HUI) are close to breaking out to the upside on the daily charts.

The TSX Venture is up 4.1 %, the GDXJ (Junior Gold Miners ETF) is up 3.9 %, and the HUI (Basket of Unhedged Gold Stocks) is up 8.0 %.

The HUI is the AMEX Gold Bugs Index, which is has a non-hedger focus and also includes non-North American constituents (Africans and Buenaventura).

However, the 2016 advance has had many analysts questioning the integrity of this latest move as the HUI (NYSE Arca Gold BUGS Index) and the XAU (Philadelphia Gold and Silver Index) have defied gravity, the laws of physics, the Law of Diminishing Returns, and just about every other law that historically pertains to the behavior of stocks.

The ratio of the HUI (NYSE Arca Gold BUGS Index) to gold resides at 2014 levels when gold was in full bear market retreat as opposed to the current two - year bull market that is alive and well and making progrGold BUGS Index) to gold resides at 2014 levels when gold was in full bear market retreat as opposed to the current two - year bull market that is alive and well and making progrgold resides at 2014 levels when gold was in full bear market retreat as opposed to the current two - year bull market that is alive and well and making progrgold was in full bear market retreat as opposed to the current two - year bull market that is alive and well and making progress.

Even more interesting is that fact that the mining stocks (HUI Amex Gold Bugs Index) rejected repeated attempts to take them into negative territory and they finished up over 6 points — 3.6 % — on the day.

We can perhaps show this even more clearly by simply looking at the HUI - gold ratio — which somehow manages to at least look even more terrible.

Look at this performance comparison of the HUI with gold:

HUI - gold ratio: At best one could say the ratio has gone sideways since late last year, but there is nevertheless a down - trend line that keeps capping rally attempts at lower and lower levels, which no gold timer we know of would ever interpret as a bullish sign — click to enlarge.