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Trade In Counterfeit Goods Hits Half A Trillion Dollars

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The counterfeit market has breached…

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Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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This Past Week in Gold

SPDR Gold Trust Shares Chart
GLD - on sell signal.


iShares Silver Trust Chart
SLV - on buy 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.


SPDR Gold trust Shares Chart 2

The big trend in gold remains firmly down until resistance is broken and support established.

Summary
Long term - on major sell signal since Mar 2012.
Short term - on mixed signals.
Gold sector cycle - down as of 8/09.

 

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