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Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on buy signal.
Buy/sell signals within a consolidation are potential whipsaws.


iShares Silver Trust
SLV - on buy signal.


Market Vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Cetral Fund of Canada
CEF - on sell signal.


HUI:GLD

The ratio between gold and gold stocks has been a reliable leading indicator for us since 2003, and it continues to work beautifully. Until this intermediate trend reverses (up), any buy signals or set ups could be premature.


Summary
Long term - on major sell signal.
Short term - on mixed signals.

 

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