"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •628 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,876.70 | +13.00 | +0.70% |
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WTI Crude •11 mins | 90.14 | +2.01 | +2.28% |
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Gasoline •14 mins | 3.062 | +0.087 | +2.91% |
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Ethanol •628 days | 2.161 | +0.000 | +0.00% |
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Silver •628 days | 30.82 | +1.16 | +3.92% |
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Silver • 628 days | 30.82 | +1.16 | +3.92% | |
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Copper • 628 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 101.24 | +1.30 | +1.30% | |
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Natural Gas • 11 mins | 2.935 | +0.044 | +1.52% | |
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Heating Oil • 11 mins | 4.217 | +0.161 | +3.96% |
An economic slowdown in many…
Forever 21 filed for Chapter…
More freeports open around the…
GLD - on sell signal.
SLV - on buy signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
Gold stocks remained locked in a major down trend and until this trend is reversed, buyers beware.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - up as of 4/10.
A corrective bounce is in progress.
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