"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •369 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,383.80 | +10.50 | +0.76% |
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WTI Crude •10 mins | 67.53 | -0.40 | -0.59% |
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Gasoline •10 mins | 2.149 | -0.003 | -0.14% |
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Ethanol •369 days | 2.161 | +0.000 | +0.00% |
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Silver •369 days | 30.82 | +1.16 | +3.92% |
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Silver • 369 days | 30.82 | +1.16 | +3.92% | |
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Copper • 369 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 69.30 | -0.28 | -0.40% | |
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Natural Gas • 10 mins | 3.383 | -0.029 | -0.85% | |
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Heating Oil • 10 mins | 2.401 | -0.020 | -0.84% |
The Economic Community of West…
Forever 21 filed for Chapter…
More freeports open around the…
GLD - on buy signal.
SLV - on new sell signal.
GDX - on new sell signal.
XGD.TO - on buy signal.
CEF - on buy signal.
Speculation remains at an all time high, despite gold having trouble breaking above the 2015 high.
Summary
Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on mixed signals.
Gold sector cycle - turned down last week.
Caution is advised as a multi week correction may have begun.
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