"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,616.80 | -26.40 | -1.61% |
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Platinum •15 mins | 722.70 | -1.10 | -0.15% |
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WTI Crude •11 mins | 21.44 | +1.35 | +6.72% |
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Gasoline •11 mins | 0.625 | +0.008 | +1.30% |
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Ethanol •10 hours | 0.964 | -0.022 | -2.23% |
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Silver •15 mins | 14.14 | +0.01 | +0.06% |
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Silver • 15 mins | 14.14 | +0.01 | +0.06% | |
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Copper • 15 mins | 2.186 | +0.030 | +1.39% | |
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Brent Crude • 11 mins | 27.32 | +0.90 | +3.41% | |
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Natural Gas • 10 mins | 1.723 | +0.033 | +1.95% | |
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Heating Oil • 10 mins | 1.033 | +0.018 | +1.74% |
An economic slowdown in many…
More freeports open around the…
The Economic Community of West…
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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