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

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Why Aren’t Millennials Investing?

Why Aren’t Millennials Investing?

After watching previous generations take…

This Past Week in Gold

SPDR Gold Trust Shares Daily Chart
GLD - on buy signal.

iShares Silver Trust Daily Chart
SLV -on buy signal.

Market Vectors Gold Miners Daily Chart
GDX - on buy signal.

XGD.TO Daily Chart
XGD.TO -on buy signal.

Central Fund of Canada Daily Chart
CEF - on buy signal.

Gold COT

Silver COT

This week's COT data is shocking as speculation went from extreme bearish to extreme bullish in just three weeks. Caution is advised.

Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 6/20
With COT data already at levels of previous tops, upside is limited and risk has increased for the sector, caution is advised.


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