"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •613 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 2,164.60 | +22.90 | +1.07% |
|
WTI Crude •11 mins | 94.75 | +3.85 | +4.24% |
|
Gasoline •11 mins | 2.811 | +0.064 | +2.33% |
|
Ethanol •614 days | 2.161 | +0.000 | +0.00% |
|
Silver •613 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 613 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 613 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 11 mins | 99.56 | +6.87 | +7.41% | |
|
Natural Gas • 11 mins | 3.097 | -0.089 | -2.79% | |
|
Heating Oil • 11 mins | 3.637 | +0.015 | +0.41% |
Earnings season is well underway,…
During the quarter there were…
Stocks sold off last week…
GLD - on sell signal.
SLV - on buy signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on sell signal.
USD broke out and up as expected, which is not friendly to the metals.
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 - is now down.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom.
Sign up to the
