"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •297 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 972.90 | -7.40 | -0.75% |
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WTI Crude •1 day | 63.02 | +0.23 | +0.37% |
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Gasoline •1 day | 2.119 | +0.013 | +0.63% |
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Ethanol •297 days | 2.161 | +0.000 | +0.00% |
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Silver •297 days | 30.82 | +1.16 | +3.92% |
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Silver • 297 days | 30.82 | +1.16 | +3.92% | |
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Copper • 297 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 66.87 | +0.32 | +0.48% | |
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Natural Gas • 1 day | 2.937 | +0.007 | +0.24% | |
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Heating Oil • 1 day | 2.167 | +0.024 | +1.10% |
It’s a mistake to view…
The real estate market is…
Forever 21 filed for Chapter…
GLD - on buy signal.
SLV - on buy signal.
GDX - on sell signal.
XGD.TO - on sell 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 - down as of 5/16.
Caution is advised.
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