RE: CommentaryHuntmaster: Nice post. I have a question for you.
What does your crystal ball say about the future price direction of HGU?
I have subscription to a service that follows an model based on empirical / historical data of a gold basket. Its quite intricate, but in the nutshell, it is based on moving averages of various lengths, e.g. 16 weeks, 40 weeks, 96 weeks and so on.
This system called for a BUY last Thursday. However, as the support is only about 2% below, it would have a tight stop loss.
Now, I'll want to hear your forecast for the next wave; is it up from here?