"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •354 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,262.30 | -2.20 | -0.17% |
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WTI Crude •10 mins | 74.88 | +1.04 | +1.41% |
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Gasoline •11 mins | 2.363 | +0.033 | +1.42% |
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Ethanol •354 days | 2.161 | +0.000 | +0.00% |
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Silver •354 days | 30.82 | +1.16 | +3.92% |
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Silver • 354 days | 30.82 | +1.16 | +3.92% | |
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Copper • 354 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 78.07 | +1.06 | +1.38% | |
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Natural Gas • 10 mins | 3.903 | +0.056 | +1.46% | |
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Heating Oil • 20 mins | 2.617 | +0.076 | +2.97% |
An economic slowdown in many…
Welcome to Art Basel: The…
Forever 21 filed for Chapter…
GLD - on buy signal.
SLV - on buy signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
The big picture remains the same: currently consolidating within a major down trend.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on buy signals.
Gold sector cycle - down.
Only aggressive and nimble traders should participate in the current market condition.
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