Chart of the Day: Most destructive bear market in history?

Posted by Przemyslaw Radomski Richard Russel Gary Savage

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Richard Russell thinks that Failed Western Central Planners Are Now Trapped And Desperate

Gary Savage thinks that the Gold Bugs Index ($HUI) this bear market could fall much further if it breaks the 2008 low. Up to 1/3 its present level. Read the comments on his chart. Click on the chart or HERE for a larger view.

Przemyslaw Radomski wrote this article after the HUI broke its low: Trading Alert: Gold Stocks Break Below 2008 Low – very good charts and analysis in this article – MT Ed.

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