"No warning can save people determined to grow suddently rich" - Lord Overstone

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The End Is Near

The End Is Near

The doomsayers have been calling…

U.S. Dollar Bull and Bear Markets

U.S. Dollar Bull and Bear Markets

The idea of endlessly repeated…

This Past Week in Gold

SPDR Gold TrustShares Daily Chart
GLD – on sell signal.


iShares Silver Trust Daily Chart
SLV – on sell signal.


VanEck 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.


VanEck Junior Gold Miners WTF Daily Chart
GDXJ – on sell signal.


Gold Bugs Index Weely Chart

Prices are bound by support and resistance, looking for a break either way to determine intermediate direction.

Summary
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle is down.
A correction is in progress.

 

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