• 723 days Will The ECB Continue To Hike Rates?
  • 724 days Forbes: Aramco Remains Largest Company In The Middle East
  • 725 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,125 days Could Crypto Overtake Traditional Investment?
  • 1,130 days Americans Still Quitting Jobs At Record Pace
  • 1,132 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,135 days Is The Dollar Too Strong?
  • 1,135 days Big Tech Disappoints Investors on Earnings Calls
  • 1,136 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,138 days China Is Quietly Trying To Distance Itself From Russia
  • 1,138 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,142 days Crypto Investors Won Big In 2021
  • 1,142 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,143 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,145 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,146 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,149 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,150 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,150 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,152 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

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 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.


HUI:GLD Daily Chart

Our ratio remains on a sell signal.

Summary
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.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom as a correction is now in progress.

 

Back to homepage

Leave a comment

Leave a comment