{"id":372959,"date":"2016-06-09T11:13:29","date_gmt":"2016-06-09T15:13:29","guid":{"rendered":"https:\/\/goldtadise.com\/?p=372959"},"modified":"2016-06-09T11:13:29","modified_gmt":"2016-06-09T15:13:29","slug":"hui-monthly-past-as-prologue","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=372959","title":{"rendered":"$HUI: Monthly &#8211; Past as Prologue?"},"content":{"rendered":"<p>Just saying &#8211; if history is any guide, then June\/July should buck traditional seasonal behavior and see pm stocks rally even higher.<\/p>\n<p>To wit, during 1996 pm stocks started a five year bear market which destroyed valuations &#8211; with losses of about 74%.\u00a0 That bear ended with a breakout above trendline resistance at the beginning of 2002, after which $HUI went on a 6-month tear (including the breakout month) &#8211; rising about 227% from the breakout point (not the bottom).<\/p>\n<p>Similarly, beginning in 2011, pm stocks suffered through an over 4-year bear market, seeing pm stock values plummet 85%, which ended at the beginning of this year, with the $HUI breaking out above trendline resistance at about the $150 level.<\/p>\n<p>You see where I&#8217;m going here &#8211; similar time frame, similar losses, why not similar &#8220;reaction&#8221;?\u00a0 An &#8220;<em>echo<\/em>&#8221; reaction similar to the 2002 breakout rally would equate to $HUI at approximately $340 before the end of July.<\/p>\n<p>Of course &#8211; there is no reason pm stocks <strong><em>have<\/em><\/strong> to react today exactly like they did in 2002 and continue moving higher!\u00a0 In fact, this May was a down month and the 2002 breakout rally experienced no pause at all on the upswing.\u00a0 So it already won&#8217;t be &#8220;exactly like&#8221; &#8211; but then anything similar percentage-wise would be just fine.\u00a0\u00a0 \ud83d\ude42\u00a0 Again &#8211; just saying!<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-372962\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo-300x253.png\" alt=\"HUI Echo\" width=\"300\" height=\"253\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo-300x253.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo-150x126.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo-800x674.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/06\/HUI-Echo.png 950w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just saying &#8211; if history is any guide, then June\/July should buck traditional seasonal behavior and see pm stocks rally even higher. To wit, during 1996 pm stocks started a five year bear market which destroyed valuations &#8211; with losses &hellip; <a href=\"https:\/\/goldtadise.com\/?p=372959\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2769,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-372959","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/372959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2769"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=372959"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/372959\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=372959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=372959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=372959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}