"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •815 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,797.70 | +32.00 | +1.81% |
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WTI Crude •1 day | 92.82 | -1.79 | -1.89% |
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Gasoline •1 day | 3.411 | -0.154 | -4.31% |
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Ethanol •815 days | 2.161 | +0.000 | +0.00% |
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Silver •815 days | 30.82 | +1.16 | +3.92% |
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Silver • 815 days | 30.82 | +1.16 | +3.92% | |
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Copper • 815 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 104.32 | -2.28 | -2.14% | |
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Natural Gas • 1 day | 3.183 | -0.114 | -3.46% | |
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Heating Oil • 1 day | 4.834 | +0.104 | +2.19% |
Forever 21 filed for Chapter…
The Economic Community of West…
An economic slowdown in many…
GLD - on buy signal.
SLV - on buy signal.
GDX - on sell 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.
According to COT data, silver is making another top with much lower prices in coming weeks.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - down as of 5/16.
Caution is advised.
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