"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •678 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,148.20 | +29.10 | +1.37% |
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WTI Crude •11 mins | 102.04 | -0.14 | -0.14% |
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Gasoline •13 mins | 3.677 | -0.020 | -0.55% |
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Ethanol •678 days | 2.161 | +0.000 | +0.00% |
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Silver •678 days | 30.82 | +1.16 | +3.92% |
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Silver • 678 days | 30.82 | +1.16 | +3.92% | |
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Copper • 678 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 25 mins | 107.77 | +3.56 | +3.42% | |
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Natural Gas • 11 mins | 2.831 | -0.012 | -0.42% | |
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Heating Oil • 15 mins | 4.140 | -0.019 | -0.45% |
An economic slowdown in many…
More freeports open around the…
It’s a mistake to view…
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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