HUI expectations, past to present to future
Last thought I didn’t put on chart: You can draw a trend line from the overbought RSI in 2002 to about now, and it seems like we just broke through that trendline. This suggests Wave 1 is already underway, and we won’t experience a meaningful correction until the ratio is around 4.5-5 (hui = 450-500 with gold at $1000 or 540-600 with gold at $1200). Hui is now 326.
Old Lurker
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