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Cheers - VHF

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You Ain't Seen Nothing Yet

Goldrunner

December 27, 2010

The Holiday Season often tends to usher in strength for the Precious Metals Sector and this is especially true for those Holiday Seasons which are related in a fractal pattern.
In the chart of the HUI below, I have outlined in green the analogous fractal price periods from a couple of days before Christmas to the end of the first quarter of the following year which I expect future HUI price action to mimic. As my friend, Deadeye, often says, “Things might not play out exactly like history; but they often rhyme.”

Conclusion

If the HUI chart once again resolves in a similar manner, we would expect to see a sharp rise (approx. 70%) in the HUI Index starting the week after Christmas with a secondary run-up into May of 2011, as detailed in a previous article (here), to somewhere between 940 and 970.
In this Holiday Season, please remember that this Christmas Season is all about loving, caring, and unselfishness for others.

Happy Holidays!
GOLDRUNNER