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Lending: The Good, Bad, And Ugly

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Aristotle said, “The most hated…

The Chatroom Cartel Running Global Bond Markets

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Eight major banks have been…

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This Past Week in Gold

SPDR Gold Trust Shares Daily Chart
GLD - on sell signal.


iShares Silver Trust Daily Chart
SLV - on sell signal.


Market Vectors Gold Miners Daily Chart
GDX - on sell signal.


XGD.TO Daily Chart
XGD.TO - on sell signal.


Central Fund of Canada Daily Chart
CEF - on sell signal.


US Dollar and Gold 1980-2015 Chart

Long term trends can last for years, its wise to stay with the trends.

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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