"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •482 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,584.60 | +1.10 | +0.07% |
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WTI Crude •11 mins | 60.13 | -1.18 | -1.92% |
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Gasoline •11 mins | 1.925 | +0.004 | +0.23% |
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Ethanol •482 days | 2.161 | +0.000 | +0.00% |
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Silver •482 days | 30.82 | +1.16 | +3.92% |
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Silver • 482 days | 30.82 | +1.16 | +3.92% | |
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Copper • 482 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 64.39 | -1.23 | -1.87% | |
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Natural Gas • 11 mins | 3.352 | -0.090 | -2.61% | |
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Heating Oil • 11 mins | 2.387 | -0.049 | -2.02% |
An economic slowdown in many…
The Economic Community of West…
Wells Fargo has done it…
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on sell signal.
Until the trend on above chart is reversed, gold stocks will continue to under perform.
Summary
Long term - on major sell signal.
Short term - on sell signals.
We remain neutral and out of the gold sector until a cycle bottom and new buy signals.
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