"No warning can save people determined to grow suddently rich" - Lord Overstone

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Tesla Tumbles As Investors Lose Patience

Tesla Tumbles As Investors Lose Patience

As Tesla’s Model 3 looks…

Is Barrick Gold Close To Finding A Bottom?

Is Barrick Gold Close To Finding A Bottom?

Barrick gold has been a…

Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…

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.

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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