"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 10 hours Millennials Are Waiting For A $30T Inheritance That Might Not Come
  • 11 hours Is This the Tipping Point for American Credit Card Debt?
  • 12 hours Tech Icon Predicts A Big Future For Ethereum
  • 13 hours Apple Doubles Down On Data Privacy
  • 14 hours Where To Look As The Treasury Bond Bull Run Loses Steam
  • 15 hours The Tech Giants Poised For A Breakout
  • 16 hours The U.S. Dollar Is Set To Continue Its Rally
  • 18 hours Bitcoin Plummets On Price Manipulation Investigation
  • 1 day The Multi-Billion-Dollar Business Of Influence Peddling
  • 1 day Goldman Backed ‘Stablecoin’ Hopes To Curb Crypto Volatility
  • 1 day Consumers Lost $1.6M To Crypto Fraud In Australia
  • 2 days Facebook May Soon Become A Paid Service
  • 2 days How Far Can Gold Prices Fall?
  • 2 days The Battle For Shkreli's $2 Million Wu-Tang Record
  • 2 days The Bitcoin Miner Eyeing A $1 Billion IPO
  • 2 days China’s Social Credit Score Blacklists Travelers For Bad Behavior
  • 2 days Micron Soars On $10-Billion Share Buyback
  • 2 days Nearly Half Of All Americans Are Struggling Financially
  • 3 days Could Crypto Solve The Middle East’s Currency Crisis?
  • 3 days The Biggest Hurdle For The Buffett-Bezos Healthcare Plan
The Tech Giants Poised For A Breakout

The Tech Giants Poised For A Breakout

Bullish sentiment seems to have…

The Five Most Important Market Indicators

The Five Most Important Market Indicators

Stock markets can be overwhelming…

PayPal’s Latest Acquisition Has Competitors On Edge

PayPal’s Latest Acquisition Has Competitors On Edge

PayPal’s latest acquisition allows the…

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