Hydrogen Utopia Share Discussion Threads

[joe moon] 01/4/2011 00:56

energyi was spot on...are u still here!! if so say hello

[notanewmember2] 18/1/2011 07:49

Now a natural pullback to test the previous overhead resistance. Lets see if she holds.

[notanewmember2] 04/11/2010 19:16

Who knows? I want to ride this one to the end. 1000pts is a good target. No reason the HUI can't reach 5000-10,000pts in a blow off mania! The bulls always argue the gold market is very small.

[dan10] 04/11/2010 11:57

Nice observation-very useful!

The period of consolidation before the reverse head and shoulders (roughly 06-08) also matches.

Gives me more confidence to punt directly on the index. But how high do you reckon it can go?

[notanewmember2] 04/11/2010 07:56

Examine exhibit A



HUI is about 1 and 1/2 years behind the commodity?

Massive gains in stocks lie ahead, compare to the commodity.

[notanewmember2] 04/11/2010 07:33

Short term target in 2 years - 900pts on the HUI.

Reverse head and shoulders.

[notanewmember2] 04/11/2010 07:22

Will this index top out at 10,000pts? Discuss.

[notanewmember2] 07/10/2010 11:46

For own personal use. BReakout here at 525.

[bamboo2] 10/6/2009 11:09

Gold BUGS Index (HUI)

--------------------------------------------------------------------------------

Overview:
Two major gold indices dominate the market--the Philadelphia Stock Exchange's XAU and the AMEX's Gold BUGS Index (HUI). The major difference between the two is that the BUGS index is made up exclusively of mining stocks that do not hedge their gold positions more than a year-and-a-half into the future. This makes the BUGS Index much more profitable than the XAU when gold prices are rising, but can also compound its losses when gold declines. BUGS is an acronym for Basket of Unhedged Gold Stocks. The index was introduced on March 15, 1996 with a starting value of 200.

Composition:
The AMEX Gold BUGS Index is comprised of 15 of the nation's largest "unhedged" gold mining stocks. It is a "modified equal-dollar weighted" index. As a result, most of the index's component stocks are equally weighted, yet the largest stocks still carry a greater weight than the smallest.

The table below lists the components of the Gold BUGS Index along with the weighting that each stock carries in the index (data as of August 2004):

Company Symbol % of Index
Newmont Mining NEM 16.1%
Gold Fields GFI 15.9%
Freeport McMoran FCX 10.3%
Iamgoldcorp IAG 5.5%
Meridian Gold MDG 5.5%
Harmony Gold Mining HMY 5.3%
Goldcorp GG 5.2%
Randgold Resources GOLD 5.1%
Agnico Eagle Mines AEM 4.9%
Kinross Gold KGC 4.8%
Glamis Gold GLG 4.7%
Hecla Mining HL 4.4%
Eldorado Gold EGO 4.3%
Golden Star Resources GSS 4.0%
Coeur D'Alene Mines CDE 4.0%

Positives:
When gold prices are on the rise, the Gold BUGS Index provides an excellent way for investors to capitalize on that increase. The index has a high correlation to the spot price (current price) of gold.

Drawbacks:
When the price of gold declines, the Gold BUGS Index tends to fall much faster than its hedged cousin, the XAU. In addition, the firm's unusual index weighting system can be difficult to understand.

How can I trade/invest in this index?
There are numerous ways to invest in gold. You can buy different funds, futures, options, or you can invest directly in the metal itself. Our recommended way to invest in this index is through options traded on the HUI index.






The HUI Gold BUGS Index stands for the AMEX Basket of Unhedged Gold Stocks index. The symbol of the index is HUI. There are 15 stocks in the index as listed below. All of the stocks have either completely unhedged gold production or not more than 1.5 years of gold production hedged. The market caps of these miners range from ¼ billion to 27 billion USD. The advantage to no hedge (or low hedge) on the future production is that it allows for the miner to reap the upward gain in the gold price. The disadvantage is that if the gold price drops the miner is subject to the down turns in the price of its only product for sale. However, if you believe in a strong bull market in gold then you should invest in the BUGS. The index is rebalanced quarterly.


The HUI gold BUGS index bottomed out last fall and has made a remarkable rally this spring that has more than doubled its value. While the time to buy was last fall when there was blood in the streets there still may be time to buy the "dogs of the HUI".

The chart below shows the latest price of each member of the HUI as well as their 52 week high and low. CDE is currently selling at only 44% of its 52 week high. HL is currently selling at only 37% of its 52 week high. Several of the HUI stocks are currently selling near their 52 week high. Of course my all time favorites of AEM and GG are both selling at 76% of their 52 week highs. While you can always buy all 15 stocks I recommend the four I have listed. My favorite two are selling at a discount while the first two are greatly discounted and have a lot of catching up.

Of course there is no substitute for silver and gold held in your own "central bank". Take possession of your silver and gold outside the banking system if you are in a position to do so. However, if your funds are captive inside your 401K or retirement system then consider the four stocks listed above. These will allow you to take advantage of the silver and gold bull market without watching it pass you by.

Remember to never invest more than 2% of your portfolio in a single mining stock. In all fairness I am compelled to disclose that I own several of the stocks listed above. I am also compelled to advise that I am by no means considered an investment advisor. As my daughter so artfully points out from time to time, "If you are such as expert in money, why don't we have more of it?"


Larry LaBorde,
Silver Trading Company

[bamboo2] 25/5/2009 14:23

SECOND CHART ADDED 31 MAY 2009 20:52
BINGO
GDX/HUI WORTH A SHORT DOWN TO A TARGET OF 360 ISH


free stock charts from www.advfn.com

got there in the end 10 06 09

[anon23] 10/2/2009 22:50

i had hoped we'd seen to last of sub 300 this morning. most disappointed.

[bamboo2] 04/12/2008 23:06

free stock charts from www.advfn.com
195 level needs watching?

[frizzers] 30/11/2008 10:17

Latest Commodity Watch Radio with Irwin Olian of Sacre Coeur (CA:SCM)

[bamboo2] 26/11/2008 07:45

further headway unlikely for now?