GLD, SLV: Both On Buy Signal
Jack Chan | Feb 19, 2017 04:55AM ET
GLD (NYSE:GLD) – on buy signal.
iShares Silver (NYSE:SLV) – on buy signal.
GDX (NYSE:GDX) – on buy signal.
iShares S&P/TSX Global Gold (TO:XGD) – on buy signal.
Central Fund of Canada Ltd (NYSE:CEF) – on buy signal.
Freeport-McMoran Copper & Gold Inc (NYSE:FCX) – we are long from 10.64, holding for long term gains.
Summary
Long term – on major buy signal.
Short term – on buy signals.
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Gold sector cycle is up.
Holding FCX for long term gains.
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