hui and stock bears

The HUI rocketed 322% higher during a 49% secular bear in general stocks?!? The prophets of PM-stock doom surely think this is blasphemy. Yet the charts don’t lie. History is history whether we like it or not. If one’s little pet bearish theory doesn’t agree with history, then it is that theory that needs to change to reflect reality. Within a broader context, gold and silver stocks thrive within secular stock bears.

Adam Hamilton

http://www.zealllc.com/2008/huibears2.htm