• 587 days Will The ECB Continue To Hike Rates?
  • 587 days Forbes: Aramco Remains Largest Company In The Middle East
  • 589 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 988 days Could Crypto Overtake Traditional Investment?
  • 993 days Americans Still Quitting Jobs At Record Pace
  • 995 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 998 days Is The Dollar Too Strong?
  • 999 days Big Tech Disappoints Investors on Earnings Calls
  • 999 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,001 days China Is Quietly Trying To Distance Itself From Russia
  • 1,001 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,005 days Crypto Investors Won Big In 2021
  • 1,006 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,006 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,009 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,009 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,012 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,013 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,013 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,015 days Are NFTs About To Take Over Gaming?
  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.


Central 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