• 3 hours Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 5 hours Champagne Sales Slow As European Economic Worries Grow Louder
  • 21 hours Putin Signs “Digital Iron Curtain” Into Law
  • 24 hours Russian Metals Magnate Sues U.S. Over Sanctions
  • 1 day Tesla Looks To Jump Into Indian Market
  • 1 day Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 2 days Homeowners Experiment With Risky New Investment Trend
  • 2 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 2 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 2 days Ford CEO Gets Raise After Massive Layoff Round
  • 3 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 3 days Where To Look As Gold Miners Inch Higher
  • 4 days Google Faces Billions In Fines From European Regulators
  • 4 days The Energy Industry Has A Millennial Problem
  • 5 days Russian Banks Scramble For Sanction Loopholes
  • 5 days Gold ETFs Take A Hit After Four-Month Run
  • 6 days European Union Takes Aim At Ten New Tax Havens
  • 6 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
  • 6 days $600 Billion At Risk As Boeing Fallout Continues
  • 6 days Venezuela Has Yet Another Crisis Developing
The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

  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 ETF 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.


Gold Bugs Index Weekly Chart
A top has been confirmed, any rally/bounce is counter trend until resistance is broken.


US Dollar Index Monthly Chart

USD - as long as the dollar remains in a bull market from our major buy signal in 2011, precious metals will be under pressure overall.

Summary
Long term - on major buy signal.
Short term - on sell signals.
Gold sector cycle is down.
Trend is down.
Correction continues.

 

Back to homepage

Leave a comment

Leave a comment