"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,698.50 | -2.20 | -0.13% |
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Platinum •10 mins | 1,128.30 | -7.00 | -0.62% |
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WTI Crude •1 day | 66.09 | +2.26 | +3.54% |
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Gasoline •1 day | 2.065 | +0.067 | +3.34% |
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Ethanol •1 day | 1.760 | +0.000 | +0.00% |
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Silver •10 mins | 25.29 | -0.17 | -0.68% |
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Silver • 10 mins | 25.29 | -0.17 | -0.68% | |
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Copper • 10 mins | 4.076 | +0.097 | +2.44% | |
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Brent Crude • 1 day | 69.36 | +2.62 | +3.93% | |
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Natural Gas • 1 day | 2.701 | -0.045 | -1.64% | |
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Heating Oil • 1 day | 1.944 | +0.048 | +2.53% |
During the quarter there were…
Earnings season is well underway,…
Tesla continues to catch the…
GLD - on buy signal.
SLV - on buy signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on buy signal.
The long term trend remains down, stay with it.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - down.
Only aggressive and nimble traders should participate in the current market condition.
Preferably, wait for the completion of the recovery and begin shorting again.
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