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

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Economists Polarized On Trump’s Tariff Plan

Economists Polarized On Trump’s Tariff Plan

Economists are polarized on Trump’s…

Stocks Pull Back Following Interest Rate Hike

Stocks Pull Back Following Interest Rate Hike

Fed's interest rate hike drove…

This Past Week in Gold

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

iShares Silver Trust Daily Chart
SLV - on buy signal.

VanEck 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

Speculation according to COT data made another new high this week, but prices remain below the 2015 high of 1306.

Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on buy signals.
Gold sector cycle - is up.
The metals are vulnerable to a multi week correction which is long overdue.
Caution is advised.


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