"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •360 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,351.90 | -63.10 | -4.46% |
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WTI Crude •1 day | 65.52 | +0.28 | +0.43% |
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Gasoline •1 day | 2.090 | -0.009 | -0.44% |
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Ethanol •360 days | 2.161 | +0.000 | +0.00% |
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Silver •360 days | 30.82 | +1.16 | +3.92% |
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Silver • 360 days | 30.82 | +1.16 | +3.92% | |
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Copper • 360 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 67.77 | +0.04 | +0.06% | |
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Natural Gas • 1 day | 3.739 | +0.213 | +6.04% | |
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Heating Oil • 1 day | 2.307 | -0.053 | -2.24% |
Wells Fargo has done it…
An economic slowdown in many…
More freeports open around the…
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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