"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •483 days | 2,368.70 | +35.30 | +1.51% |
 |
Platinum •10 mins | 1,594.10 | -6.70 | -0.42% |
|
WTI Crude •11 mins | 60.16 | -0.32 | -0.53% |
|
Gasoline •16 mins | 1.970 | -0.004 | -0.19% |
|
Ethanol •483 days | 2.161 | +0.000 | +0.00% |
|
Silver •483 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 483 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 483 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 11 mins | 64.54 | -0.38 | -0.59% | |
|
Natural Gas • 11 mins | 3.856 | +0.041 | +1.07% | |
|
Heating Oil • 11 mins | 2.427 | +0.003 | +0.12% |
More freeports open around the…
The Economic Community of West…
An economic slowdown in many…
GLD - on buy signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on sell signal.
Gold bounced sharply from the divergence but stocks are lagging. Unless this is negated soon, another divergence could be in play which is bearish.
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.
Sign up to the
