• 4 hours A Russian Billionaire’s Space Quest To Save Humanity
  • 7 hours Markets Take Breather As Consolidation Continues
  • 9 hours Economic Woes Weigh On Copper Prices
  • 12 hours World's Largest IPO At Risk Following Drone Strikes
  • 1 day Gold Is Beating Buffett’s Berkshire Hathaway
  • 1 day What’s Behind The Silver Sell-Off?
  • 1 day The Retail Apocalypse Is Accelerating
  • 2 days The Top Tech Stocks Of The Year
  • 2 days America’s Workforce Elderly Workforce To Double By 2028
  • 2 days Toyota Tests Solar-Powered Prius
  • 3 days Why The Gold Rally Flatlined
  • 3 days The Uranium Sector Can’t Catch A Break
  • 4 days Upcoming Fed Meeting Has Investors On Edge
  • 4 days Global Gold Sector Outlines Responsible Mining Principles
  • 5 days China’s Giant Vampire Fund Loses $120B
  • 5 days McDonalds To Roll Out Robot Drive-Thru Clerks
  • 5 days Savvy Investors Are Betting Big On This Little Data Company
  • 6 days How The Government Is Wasting Tax Money This Year
  • 6 days Supply Concerns Halt Expansion On Tianqi Lithium Plant
  • 6 days The World’s Biggest IPO Is Almost Here
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

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


iShares Silver Trust Daily Chart
SLV - on buy signal.


Market Vectors Gold Miners Daily Chart
GDX - on buy signal.


XXGD.TO Daily Chart
XGD.TO - on buy signal.


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


US Dollar Index Daily Chart

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.

 

Back to homepage

Leave a comment

Leave a comment