"No warning can save people determined to grow suddently rich" - Lord Overstone

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Stocks Pull Back Following Interest Rate Hike

Stocks Pull Back Following Interest Rate Hike

Fed's interest rate hike drove…

Trump's Trade War Nears Boiling Point

Trump's Trade War Nears Boiling Point

Trump’s trade war appears to…

The App That Democratized Trading Is Now Worth $5B

The App That Democratized Trading Is Now Worth $5B

Investors and customers have rallied…

This Past Week in Gold

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

iShares Silver Trust Daily Chart
SLV - on sell signal.

VanEck Vectors Gold Miners ETF Daily Chart
GDX - on sell signal.

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

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

US Dollar Index Monthly Chart

USD bounced firmly off the lower range of this seventeen month long consolidation, with an outside reversal monthly candlestick, suggesting that the consolidation is complete. Expect a new high in coming months.

Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on sell signals.
Gold sector cycle - is down.
Caution is advised as a multi week correction is in progress.


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