• 1,011 days Will The ECB Continue To Hike Rates?
  • 1,011 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,013 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,413 days Could Crypto Overtake Traditional Investment?
  • 1,418 days Americans Still Quitting Jobs At Record Pace
  • 1,420 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,423 days Is The Dollar Too Strong?
  • 1,423 days Big Tech Disappoints Investors on Earnings Calls
  • 1,424 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,426 days China Is Quietly Trying To Distance Itself From Russia
  • 1,426 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,430 days Crypto Investors Won Big In 2021
  • 1,430 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,431 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,433 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,434 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,437 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,438 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,438 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,440 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trsu Shares Chart
GLD - on sell signal.


iShares Siver Trust Chart
SLV - on sell signal.


Market Vectors Gold Miners Chart
GDX - on sell signal.


XGD.TO Chart
XGD.TO - on sell signal.


Central Fund of Canada Chart
CEF - on sell signal.


Summary
Long term - on major sell signal.
Short term - on sell signals.
Gold sector cycle - down as of 4/05.

Some readers emailed me and asked why I have been so conservative in the gold sector.

Here is a long term chart which I post to my website for subscribers periodically, as a reminder that the major trend in gold and USD have changed, and until they are reversed once again, be cautious.

US Dollar Index Chart

 

Back to homepage

Leave a comment

Leave a comment