"No warning can save people determined to grow suddently rich" - Lord Overstone

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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on sell signal.

iShares Silver Trust
SLV - on sell signal.

Market Vectors Gold Miners
GDX - on sell signal.

XGD.TO - on sell signal.

Central Fund of Canada
CEF - on sell signal.

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 the chart telling us to be cautious.

US Dollar Index


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