• 324 days Will The ECB Continue To Hike Rates?
  • 324 days Forbes: Aramco Remains Largest Company In The Middle East
  • 326 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 726 days Could Crypto Overtake Traditional Investment?
  • 731 days Americans Still Quitting Jobs At Record Pace
  • 733 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 736 days Is The Dollar Too Strong?
  • 736 days Big Tech Disappoints Investors on Earnings Calls
  • 737 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 739 days China Is Quietly Trying To Distance Itself From Russia
  • 739 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 743 days Crypto Investors Won Big In 2021
  • 743 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 744 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 746 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 747 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 750 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 751 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 751 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 753 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trust Shares Daily Chart
GLD - on buy signal.


iShares Silver Trust Daily Chart
SLV - on buy signal.


Market Vectors Gold Miners Daily Chart
GDX - on buy signal.


XGD.TO Daily Chart
XGD.TO - on buy signal.


Central Fund of Canada Daily Chart
CEF - on buy signal.


Daily Gold Chart

One of my criterias to confirm a bull market is when COT data has returned to bull market values.

Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on buy signals.
Gold sector cycle - up.
Once a bull market is confirmed in the gold sector, I will begin buying/accumulating at cycle bottoms as we did beginning in 2001.

 

Back to homepage

Leave a comment

Leave a comment