• 1,017 days Will The ECB Continue To Hike Rates?
  • 1,018 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,019 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,419 days Could Crypto Overtake Traditional Investment?
  • 1,424 days Americans Still Quitting Jobs At Record Pace
  • 1,426 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,429 days Is The Dollar Too Strong?
  • 1,429 days Big Tech Disappoints Investors on Earnings Calls
  • 1,430 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,432 days China Is Quietly Trying To Distance Itself From Russia
  • 1,432 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,436 days Crypto Investors Won Big In 2021
  • 1,436 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,437 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,439 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,440 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,443 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,444 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,444 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,446 days Are NFTs About To Take Over Gaming?
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - on sell signal.


Market Vecors Gold Miners
GDX - on sell signal.



XGD.TO - on sell signal.


Central Fund of Canada
CEF - on sell signal.


HUI:GLD

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.

 

Back to homepage

Leave a comment

Leave a comment