• 619 days Will The ECB Continue To Hike Rates?
  • 620 days Forbes: Aramco Remains Largest Company In The Middle East
  • 621 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,021 days Could Crypto Overtake Traditional Investment?
  • 1,026 days Americans Still Quitting Jobs At Record Pace
  • 1,028 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,031 days Is The Dollar Too Strong?
  • 1,031 days Big Tech Disappoints Investors on Earnings Calls
  • 1,032 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,034 days China Is Quietly Trying To Distance Itself From Russia
  • 1,034 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,038 days Crypto Investors Won Big In 2021
  • 1,038 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,039 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,041 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,042 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,045 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,046 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,046 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,048 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

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.

 

Back to homepage

Leave a comment

Leave a comment