gold shares investing ..., page-6

and after you've listened to Puplava have a look at Hamilton's latest:

http://www.safehaven.com/article-10008.htm

"The bottom line is all uplegs can be chaotic, especially in the volatile precious metals. As any upleg evolves, its best-fit technical uptrend channel is constantly adjusting to reflect all the latest price information. Thus mid-upleg failures of uptrend support lines and even 50-day moving averages is not uncommon. From time to time excessive fear can spawn sharp mid-upleg pullbacks.

So to this point, nothing technically alarming has happened in gold, silver, and the HUI. Sure they fell sharply, and it was a quick plunge, but it was from above resistance to down near or under support. Prior to these sharp pullbacks, neither gold, silver, nor the HUI exhibited technical behavior like that seen in their own respective past major upleg tops within their bulls. So odds are these uplegs remain intact."

Best

TW