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The Problem With Modern Monetary Theory

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This Past Week in Gold

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


iShares Silver Trust Daily Chart
SLV – on buy signal.


VanEck Vectors Gold Miners ETF Daily Chart
GDX – on buy signal.


XGD.TO Daily Chart
XGD.TO – on buy signal.


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


Freeport-McMoRan Daily Chart

FCX – we are long from 10.64, holding for long term gains.

Summary
Long term – on major buy signal.
Short term – on buy signals.
Gold sector cycle is up.
Holding FCX for long term gains.

 

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