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July 20, 2009 / Jeb

UXG U.S. Gold Best Breakout in Precious Metal Sector

Today a break over $3 will lead UXG much higher.  It is breaking out of a huge ascending triangle.  This company is building resources in Nevada and Mexico.  I will not be surprised with more news out of Nevada as this is the time of year where drilling is quite active.

TLT

The chart is definitely showing a beautiful base and breakout at $3.  Along with this nice chart, you have the best management in the precious metals business who puts their money where their mouth is.

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