Pipe, HUI is just marking time. It's on the race track stretching its muscles. When the U.S. treasuries stumble, that will be the sound of the starter's pistol and HUI will launch out of the starting blocks.
sorry, but GDX is one of the worst performing stock-based ETFs on a historic up day. The SP might tack on 10%, and GDX is clawing for 1%. That is a terrible, terrible sign. It's buyers - not a great conspiracy theory or story - who make a share price go up or down, and gold stocks don't have enough buyers, CLEARLY.