"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •10 mins | 1,942.80 | -2.80 | -0.14% |
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Platinum •10 mins | 1,022.10 | +5.30 | +0.52% |
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WTI Crude •10 mins | 79.93 | +0.25 | +0.31% |
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Gasoline •19 mins | 2.589 | +0.000 | +0.00% |
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Ethanol •2 days | 2.161 | +0.000 | +0.00% |
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Silver •10 mins | 23.75 | +0.12 | +0.52% |
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Silver • 10 mins | 23.75 | +0.12 | +0.52% | |
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Copper • 10 mins | 4.210 | -0.013 | -0.31% | |
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Brent Crude • 11 mins | 86.86 | +0.20 | +0.23% | |
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Natural Gas • 11 mins | 2.678 | -0.171 | -6.00% | |
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Heating Oil • 51 mins | 3.278 | +0.013 | +0.40% |
The Economic Community of West…
More freeports open around the…
Wells Fargo has done it…
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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