"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •173 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 964.80 | +13.30 | +1.40% |
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WTI Crude •10 mins | 70.22 | +0.98 | +1.42% |
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Gasoline •10 mins | 1.971 | +0.033 | +1.68% |
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Ethanol •173 days | 2.161 | +0.000 | +0.00% |
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Silver •173 days | 30.82 | +1.16 | +3.92% |
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Silver • 173 days | 30.82 | +1.16 | +3.92% | |
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Copper • 173 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 73.59 | +0.96 | +1.32% | |
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Natural Gas • 10 mins | 3.893 | +0.237 | +6.48% | |
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Heating Oil • 10 mins | 2.237 | +0.011 | +0.48% |
Wells Fargo has done it…
The Economic Community of West…
More freeports open around the…
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on sell signal.
Gold stocks broke the multi month consolidation this week, suggesting lower prices ahead.
Summary
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 5/16.
Caution is advised.
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