This past week in gold
Posted May 2, 2016
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
Taking out the 2015 high before a multi week correction will be most positive going forward.
Silver is playing catch up, and also gunning for the 2015 high.
Long term – on a new major buy signal, ending the major sell signal from early 2012.
Short term – on buy signals.
Gold sector cycle – up.
Once a bull market is confirmed in the gold sector, I will begin buying/accumulating at cycle bottoms as we did beginning in 2001.
Apr 30, 2016
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