Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

GOLD Tactical Outlook: Correcting After the Run — Where to Step In

GOLD Tactical Outlook: Profit Targets for December 2025

Gold: Reviewing Five Decades of Bull Markets Against an Overextended Backdrop

Gold Goes Vertical, We Hunt for Value (Ben Richards)

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>We have been bull bulls, but point and figure charts of gold and gold miners show that they are either very near or have outrun their measured price objectives.</li>
<li>Tactically, the contrarian trade would be to sell gold and buy bonds.</li>
<li>However, a cycle analysis leads us to conclude that the market is undergoing a shift to a hard asset price leadership cycle.</li>
</ul>


We have been bull bulls, but point and figure charts of gold and gold miners show that they are either very near or have outrun their measured price objectives.
Tactically, the contrarian trade would be to sell gold and buy bonds.
However, a cycle analysis leads us to conclude that the market is undergoing a shift to a hard asset price leadership cycle.


Ready for the Contrarian Gold Trade?