• 889 days Will The ECB Continue To Hike Rates?
  • 890 days Forbes: Aramco Remains Largest Company In The Middle East
  • 891 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,291 days Could Crypto Overtake Traditional Investment?
  • 1,296 days Americans Still Quitting Jobs At Record Pace
  • 1,298 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,301 days Is The Dollar Too Strong?
  • 1,301 days Big Tech Disappoints Investors on Earnings Calls
  • 1,302 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,304 days China Is Quietly Trying To Distance Itself From Russia
  • 1,304 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,308 days Crypto Investors Won Big In 2021
  • 1,308 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,309 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,311 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,312 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,315 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,316 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,316 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,318 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trust Shares
GLD - on buy signal.


iShares Silver Trust
SLV - on buy signal.


Market Vectors Gold Miners
GDX - on buy signal.


XGD.TO
XGD.TO - on buy signal.


Central Fund of Canada
CEF - on buy signal.


HUI Gold Bugs Index

Long term sell signal - public readers often ask why I think gold stocks are on a long term sell. Buy/sell signals are not my opinions, they are my trading models. $HUI confirmed a major sell signal early this year with a monthly close below 500, and will likely reverse back to a major buy if prices stay firm at current level in coming months. Long term signals are not actionable, they simply suggest whether we should be holding for the long term.


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

 

Back to homepage

Leave a comment

Leave a comment