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Precious Metal Stocks
Pinnacle Digest Writes:
There is a bullish pattern forming in the HUI Amex Gold Bugs Index. Robert McHugh explains how a sideways wave 4 descending triangle suggests a bottom is fast approaching. The markets have punished gold and silver equities fiercely in recent months. Robert believes strongly that the bull market is still in tact and will resume its rally shortly.
He predicts the next rally will be a powerful and long lasting one as wave 5's, in respect to precious metal bull markets, are always the strongest leg. There are many ways to play the potential rally, including ETFs, individual mining stocks and even by playing call options long.
The precise signal which should trigger this rally and bring salvation to the battered and broken precious metal investor is discussed.
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