"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •486 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,575.40 | -38.90 | -2.41% |
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WTI Crude •1 day | 60.98 | +0.41 | +0.68% |
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Gasoline •1 day | 1.901 | +0.008 | +0.43% |
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Ethanol •486 days | 2.161 | +0.000 | +0.00% |
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Silver •486 days | 30.82 | +1.16 | +3.92% |
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Silver • 486 days | 30.82 | +1.16 | +3.92% | |
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Copper • 486 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 64.77 | +0.40 | +0.62% | |
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Natural Gas • 1 day | 4.124 | +0.168 | +4.25% | |
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Heating Oil • 1 day | 2.399 | -0.011 | -0.44% |
This aging bull market may…
An economic slowdown in many…
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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