GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on sell signal.
Summary
Long term - on major buy signal.
Short term - on sell signals.
Risk management has prevented us from taking on new positions recently and kept us out of harm's way. Gold cycle is near a bottom and we shall wait for new buy signals.
Here is a chart we posted for our subscribers recently, quite a shocker for gold bulls. This is not a prediction or forecast, just what the chart is telling us to be cautious.
