"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •254 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,013.20 | +7.20 | +0.72% |
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WTI Crude •5 hours | 67.18 | +0.63 | +0.95% |
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Gasoline •5 hours | 2.149 | +0.016 | +0.73% |
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Ethanol •254 days | 2.161 | +0.000 | +0.00% |
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Silver •254 days | 30.82 | +1.16 | +3.92% |
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Silver • 254 days | 30.82 | +1.16 | +3.92% | |
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Copper • 254 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 4 hours | 70.58 | +0.70 | +1.00% | |
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Natural Gas • 5 hours | 4.104 | -0.007 | -0.17% | |
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Heating Oil • 5 hours | 2.167 | +0.004 | +0.20% |
It’s a mistake to view…
Forever 21 filed for Chapter…
Wells Fargo has done it…
GLD - on buy signal.
SLV - on buy signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
USD appears to be consolidating in a flag, and should break out soon.
Summary
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 now down.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom.
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