"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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HUI on the move
The HUI is putting in a strong showing today and although some issues in the sector are badly lagging, others are extremely strong and that strength is pulling the entire index higher.
The ADX is rising indicating an upside trending move is currently underway. Directional movement indicators do not yet appear to be at extreme levels suggesting this thing has further to run to the upside.
That is confirmed by the moving averages which are all rising and in a bullish trending posture.
Loving it... Seeing nice gains today in CDE, AG, GPL, and EXK. Silver and Gold looking like the 'go to' safe haven plays and it looks like the miners are holding up well in the face of the broader market sell off. We've being waiting for this kind of move...
ReplyDeleteJFC
Dan, I have been reading your analysis on Mineset for quite awhile. Your insights are remarkably clear and comprehensible. I just would like to thank you for the hours of fascination that I have had consuming your pearls of wisdom, and profiting as well.
ReplyDeleteRLE
Thanks RAndy.
ReplyDeleteDan