"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •15 mins | 1,836.00 | -5.50 | -0.30% |
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Platinum •15 mins | 874.90 | -4.70 | -0.53% |
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WTI Crude •10 mins | 85.14 | -4.09 | -4.58% |
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Gasoline •10 mins | 2.219 | -0.141 | -5.99% |
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Ethanol •13 mins | 2.161 | +0.000 | +0.00% |
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Silver •15 mins | 21.15 | -0.23 | -1.09% |
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Silver • 15 mins | 21.15 | -0.23 | -1.09% | |
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Copper • 15 mins | 3.590 | -0.032 | -0.87% | |
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Brent Crude • 10 mins | 86.82 | -4.10 | -4.51% | |
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Natural Gas • 10 mins | 2.991 | +0.042 | +1.42% | |
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Heating Oil • 10 mins | 3.038 | -0.157 | -4.92% |
Wells Fargo has done it…
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 trends can last for many years.
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.
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