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

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Economists Polarized On Trump’s Tariff Plan

Economists Polarized On Trump’s Tariff Plan

Economists are polarized on Trump’s…

Trump's Trade War Nears Boiling Point

Trump's Trade War Nears Boiling Point

Trump’s trade war appears to…

This Past Week in Gold

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

iShares Silver Trust Daily Chart
SLV - on sell signal.

Market Vectors Gold Miners Daily Chart
GDX - buy signal failed which is common during a down cycle.

XGD.TO Daily Chart
XGD.TO - buy signal failed which is common during a down cycle.

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

HUI:GLD Weekly Chart

The $HUI:GLD ratio has been an excellent leading indicator for us during the bull market and again in the current bear market. Until this long term trend is reversed, risk belongs to buyers.

Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on sell signals.
Gold sector cycle - down as of 8/8
COT data suggests a tradable bottom is not in yet for the metals.


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