HUI 365 - Sooner Than You Might Think

October 12, 2005

I apologize for not writing an editorial for the last few weeks. We had a fire in my dental office on 9-12-05, and I have been working 20 hour days to put things back together. With the help of Dr. Vronsky, I decided to take a few minutes to write a short update on the HUI fractal because I believe we are sitting at an important juncture.

It seems that many analysts are currently getting rather negative on the Precious Metals and the Precious Metal stocks. I do not share their pessimism at this time. In fact, I think that the HUI will likely explode upward in the very near future based on the "fractal" that we discussed in our initial editorial. Our call for a bottom in Silver a few weeks, ago, when some were depressed over a "breakdown" in the Silver chart was only one day early. We still believe that Silver will continue to climb toward the $11.50 area, and that Gold will likely continue to seek the $540ish level.

The recent break of the 20+ year resistance line by Gold was a historical and momentous event. The Gold stocks have not yet been revalued upward based on such an important break of resistance………………."You ain't seen nothing, yet!"

THE HUI CHART

Enjoy the ride.

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Act0319@aol.com

Gold is found in nature in quartz veins

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