Just a quick note to point out that while the HUI did momentarily exceed our 353 trigger point, it did not close above 353 and thus has failed to generate the buy signal that we are waiting for. As you can see in the chart, the HUI spiked on Wednesday 8/23, but our exact [...]
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NGAS Resources has been our favorite Natural Gas play for a while and we have patiently been waiting for a buy signal. That buy signal is now upon us. NGAS Resources, Inc. is an independent exploration and production company focused on unconventional natural gas basins in the United States that support repeatable drilling opportunities, principally [...] President Richard Nixon took the American dollar completely off any gold standard in 1971. Unlike our current fiat currency, money backed by gold cannot be created arbitrarily by government action. This restraint is key to preventing artificial inflation and the devaluation of a currency. It removes “currency uncertainty,” keeping the credit of the issuing monetary [...] |
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