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

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Banks and borrowers are under…

Economists Polarized On Trump’s Tariff Plan

Economists Polarized On Trump’s Tariff Plan

Economists are polarized on Trump’s…

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 - new buy signal.

Gold Bugs Index Daily Chart

The $HUI 150 area is now major resistance, therefore, the lower prices can go during this sell off, the better potential return during the next tradable bottom.

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.
A tradable bottom should be in progress soon, be patient.


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