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DrBubb's Diary - June 2019 Trading - v.125

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Dr.B's Trading Diary : 2019. Diary's 125th Month = Over 10 years.

10 years since 3/09 Low : Dow closed 2017 @ 24,719, 2018 @ 23,327 - 5.63% (YrH: 26,952 / L: 21,713 - 19.4%)

GjtfFlk.jpg

Top of Page Charts (Odd) : Channel-GE : MP : PP : Charts : Acore : Fringe : Ag B E G H :

Featured Video (coming)

================

DrBubb's Diary - June 2019 Trading - v.125

The Fed's Racetrack: Gold (GLD) vs Stocks (SPY) : update :vs.CRB : GLD-hr : SPY-hr : GLD/SPYratio

ngo7gJh.gif

The Fed's money-printing has maintained confidence in markets - but the money has gone not only into stocks, but also into other areas. For many months, money flowed into commodities like Gold, pushing prices higher even faster than stocks, as the chart above shows. But since Gold's peak in Aug.2011, stocks have outperformed gold. Since then, these two assets have tended to trade counter-cyclically to each other.

Gold in EURO - very worthwhile to track

Short Term: tny_au_en_euoz_2.gif

Medium Term - 3 Years: Gold-inEUR or GLD-toEUR

XMoTw3m.png

US Stocks: "SPX-in-Euros" .. SPX-to-EUR or SPY-to-FXE  .. update

WwD9kqI.png

Ratio - SPX/Euro has often moved in a nice clear channels

DrBubb's "Early Warning System"

Leading Ratio ... LQD:TLT-Weekly-3yrs : TLT-vsLQD : Copper : HG price : CU price : SPY-10/11 : SMH-6mos

I reckon that the LQD-to-TLT ratio should move in harmony with stocks, or maybe LEAD stock moves. If they are moving in different directions, then one should be cautious. (However, the value of this indicator has become suspect in recent years, after giving some false warnings.)
=====
Bullish Percentages :
BPNYA- : http://stockcharts.c...!Lh14,3]&pref=G
BPGDM : http://stockcharts.c...!Lh14,3]&pref=G
NASIT - : NAMOT : Summation Indices

INFLATION Watch / "Drivers" (SPY, GLD, DXY) .. 10d : 6mo-D : 2yr-D : 5yr-D // CU-etc : w/XLE : w/OIH :

Oil or Copper to lead Commodity bounce-back?

TGHRdh3.gif

: w/OIH :

fW0LMcY.gif

GBS-GoldBullion vs: DBA, XLE, EUR ... update :

el7816f.gif

RECORD : CU may lead GLD and SPY
======

US Fed'l Debt // Formula: (Fed'l Debt - $4.0 Trillion ) x 119 +$100

Date-: DebtTr > G.Eqv /10.40 : - GLD - : - SPY - : -DIFF- : - ratio - : -- CU -- : cu/gld : - FXI - : cu-fxi : - DBA- : - BTC - :
end07: $09.23 > 0,722 : 072.2 : $082.46 : $146.21 : -63.75: 56.398% : $20.0e: XX.X% :: $ 17.05: ==== : $ 32.99 :
end08: $10.70 > 0,897 : 089.7 : $086.52 : $090.24 : -$3.72: 95.878% : $20.0e: XX.X% :: $ 29.09: ==== : $ 26.18 :
end09: $12.31 > 1,089 : 108.9 : $107.31 : $111.44 : -$4.13: 96.294% : $30.0e: XX.X% :: $ 42.26: ==== : $ 26.44 :
end10: $14.03 > 1,294: 129.4 : $138.74 : $125.75 : $12.99: 110.34% : $43.71: 31.51%: $ 43.09: $0.62: $ 32.35 : $ 00.29 :
end11: $15.22 > 1,435: 138.0 : $151.99 : $125.50 : $26.49: 121.11% : $29.29: 19.27%: $ 34.87: - 5.58: $ 28.88 : $ 04.60 :
end12: $16.43 > 1,570: 151.0 : $162.02 : $142.41 : $19.61: 113.77% : $30.34: 18.73%: $ 40.45:-10.11: $ 27.95 : $ 13.48 :
end13: $17.35 > 1,689: 162.4 : $116.12 : $184.69 : -68.57 : 062.87% : $22.27: 19.18%: $ 38.37:-16.10: $ 24.25 :$815.00 :
end14: $18.14 > 1,783 : 171.4 : $113.58 : $205.54 : -98.04 : 55.26% :: $18.09: 15.93%: $ 41.62:-23.53: $ 24.89 :$316.20 :
end15: $18.83 > 1,865 : 179.3 : $101.46 : $203.87 :-102.41: 49.77% :: 2.135 : 2.140%: $ 35.29:-00.00: $ 20.61: $433.50 :
end16

(2016)
01/29: $19.01 > 1,886 : 180.0 : $108.05 : $193.65 : - $85.60: 55.80% :: 2.060 : 1.907% $ 31.20:-00.00: $ 19.99: $375.00 :
02/29: $19.13 > 1,900 : 181.3 : $118.64 : $193.56 : - $74.98: 61.29% :: 2. ??? : 1.000% $ 30.00: -00.00: $ 20.00: $434.00 :
03/31: $19.26 > 1,916 : 182.8 : $117.64 : $205.52 : - $87.88: 57.24% :: 2. ??? : 1.000% $ 33.77: -13.17: $ 20.60: $415.00 :
04/30: $19.0E > 1,885 : 181.3 : $123.65 : $206.33 : - $82.68: 59.93% :: 2. ??? : 1.000% $ 33.53: -12.45: $ 21.08: $4 ??.00 :
05/31: $19.0E > 1,885 : 181.3 : $116.06 : $209.84 : - $93.78: 55.31% :: 2.080 : 1.792% $ 33.65: -12.34: $ 21.31: $526.10 :

06/30: $19.0E > 1,885 : 181.3 : $126.47 : $209.48 : - $83.01: 60.37% :: 2.0 ?? : 0.000% $ 00.00: -00.00: $ 00.00: $0
07/31: $19.0E > 1,885 : 181.3 : $128.98 : $217.12 : - $88.14: 59.40% :: 2.0 ?? : 0.000% $ 00.00: -00.00: $ 00.00: $0
08/31: $19.0E > 1,885 : 181.3 : $124.78 : $217.38 : - $92.60: 57.40% :: 2.080 : 1.667% $ 37.08: -16.85: $ 20.23: $570.00 :

=====
ye'16 : $20.0E > 1,8 xx : 18x.x :

Date-: DebtTr > G.Eqv /10.40 : - GLD - : - SPY - : -DIFF- : - ratio - : -- CU -- : cu/gld : - FXI - : cu-fxi : - DBA- : - BTC - :
======
"GOLD Formula" is : (Fed'l Debt - $4.0 Trillion ) x 119 +$100 : US Govt Debt :: http://www.usgovernmentdebt.us/

The FED must be pleased with the way that money has flowed into stocks, away from Gold. / notes : a b c

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DAILY MONITOR

Month: -SPY- : Chg : volume/ VIX : GDX: +-chg: -GLD- : Chg: volume: x10.?? WTI.Cr: -DXY-- -Chg- : --TLT-: Chg : Posts/Views cum'l
2015
12-31: 203.87 - 2.06: 91.2M: 18.21 : 13.72 +0.06: 101.46 +0.04 : 3.81M: 1060.5 $37.07* 98.693 +0.413: 120.58 +0.54 : 02, 086/ 051, 1,913

 2016
03-31: 205.52 - 0.50: 79.4M: 13.95 : 19.97 - 0.26: 117.64 +0.54: 9.17M: 1233.9 $38.11: $94.63 - 0.10 : 130.61 +0.92 : 096/ 4,518
06-30: 209.48 +2.82: 143.M: 15.63 : 27.71 +0.56: 126.47 +0.63: 15.1M: 1324.7 $48.40: $95.81 +0.05 : 138.90 +0.51: 055/ 1,941
09-30: 216.30 +1.62: 98.7M: 13.29 : 26.43 - 0.26: 125.64 - 0.43: 10.8M: 1317.1 $48.24; $95.42 - 0.10 : 137.51 - 1.24/ 096 : 6,335
12-30: 223.53 - 0.82: 86.9M: 14.04 : 20.92 - 0.83: 109.61 - 0.68: 8.79M: 1151.7 $53.72: 102.38 - 0.27 : 119.13 +0.18/ 096: 13876  

2017
01-31: 227.53 - 0.02 00.0M: 12.09 : 23.93 +0.78: 115.55 +1.68 0.00M: 1211.8 $52.80: $99.74 -0.62 : 119.84 +0.57/ 120: 10255
02-28: 236.47 - 0.64 69.6M: 12.92 : 22.85 +0.01: 119.23 +0.11 8.29M: 1253.9 $54.01: 101.48 +0.32 : 121.74 +0.45/ 085: 7,634
03-31: 235.74 - 0.55 56.2M: 12.37 : 22.81 +0.26: 118.72 +0.25 8.14M: 1251.2 $50.60: 100.22 - 0.07 : 120.71 +0.35/ 120: 23202
04-28: 238.08 - 0.52 50.4M: 10.82 : 22.23 +0.42: 120.77 +0.38 8.86M: 1268.3 $49.33: $99.04 - 0.15 : 122.35 +0.27/ 098: 11915
05-31: 241.44 - 0.06 00.0M: 10.41 : 22.69 +0.10: 120.62 +0.48 0.00M: 1264.8: $48.32: $97.21 +0.00 : 124.14 +0.05/ 106: 6,918
06-30: 241.80 +0.45 49.4M: 11.18 : 22.08 + 0.13: 118.02 -0.30 6.79M: 1242.3: $46.04: $95.64 +0.09 : 125.12 - 0.29/ 095: 5,020
07-31: 246.77 - 0.14 42.9M: 10.25 : 22.86 - 0.05 : 120.75 +0.06 3.82M: 1273.8 $50.17: $92.90 - 0.43 : 124.04 +0.15/ 094: 5,056
08-31: 247.49 +1.48 75.8M: 10.59 : 24.72 +0.56 : 125.82 +1.46 11.3M: 1322.2 $47.23: $92.62 +0.06 : 127.99 +0.38/ 091: 5,034
09-29: 251.23 +0.88 60.7M: 09.51 : 22.96 - 0.20 : 121.58 - 0.63 8.77M: 1284.8 $51.67: $93.07 - 0.06 : 124.76 +0.28/ 067 : 4,235
10-31: 257.15 +0.40 42.7M: 10.18 : 22.48 - 0.28 : 120.67 - 0.46 3.76M: 1277.5 $54.20: $94.54 +0.01 : 124.46 +0.04/ 101 : 2,371
11-30: 265.01 +2.30 104.M: 11.28 : 22.47 - 0.03 : 121.10 - 0.94 7.84M: 1276.7 $57.40: $92.97  - 0.09 : 125.12 - 0.42/ 079 : 2180
12-29: 266.86 - 1.01 60.8M: 11.04 : 23.24 +0.04 : 123.65 +0.80 7.55M: 1309.3 $60.42 : $92.30 - 0.20 : 126.86 +0.20/ 107 : 1590

2018
01-31: 281.90 +0.14 97.6M: 13.54 : 23.75 +0.30 : 127.65 +0.85 13.0M: 1343.1 $64.73 : $89.11 +0.06 : 122.73 +0.72/
02-28: 271.65 - 2.78 101.M: 19.85 : 21.35 - 0.14 : 125.00 - 0.13 4.52M: 1317.9 $61.64 : $90.73 +0.07 : 118.75 +0.75/ 076 : 1093
03-29: 263.15 +3.32 104.M: 19.97 : 21.98 - 0.01 : 125.79 +0.06 6.84M: 1327.3 $64.94 : $90.01 -0.13 : 121.90 +0.59/ 067: 0,880
04-30: 264.51 - 2.05 65.0M: 15.93 : 22.28 - 0.45 : 124.59 - 0.91 9.59M: 1319.2 $68.57 : $91.86 +0.27 : 119.10 +0.21/ 074, 0,630
05-31: 270.94 - 1.67 78.4M: 15.43 : 22.34 - 0.10 : 123.10 - 0.27 7.62M: 1304.7 $66.24 : $93.98 - 0.09 : 121.22 - 0.20/ 074 : 0667
06-29: 271.28 +0.39 74.2M: 16.09 : 22.31 +0.38 : 118.65 +0.43 7.67M: 1254.5 $74.15 : $94.47 - 0.85 : 121.72 - 0.42/ 100 : 1026
07-31: 281.22 +1.38 57.6M: 12.83 : 21.28 +0.01 : 115.99 +0.34 5.45M: 1233.6 $68.76 : $94.55 +0.20 : 119.70 +0.65/ 108 : 1038
08-31: 290.31 +0.01 52.7M: 13.81 : 18.55 - 0.14 : 113.51 - 0.13 4.82M: 1206.7 $69.80 : $95.08 +0.00 : 121.00 - 0.29/ 096 : 0954
09-28: 290.72 +0.03 57.6M: 12.12 : 18.52 +0.18 : 112.76 +0.71 5.78M: 1196.2 $73.25 : $95.13 +0.16 : 117.27 - 0.31/ 081: 0753
10-31: 270.63 +2.86 000.M: 21.23 : 18.93 - 0.21 : 115.15 - 0.65 0.00M: 1215.0 $65.31 : $96.85 - 0.15 : 113.31 - 0.85/ 114: 1184
11-30: 275.65 +1.67 78.5M: 18.07 : 19.09 - 0.08 : 115.54 - 0.20 7.83M: 1220.2 $50.93 : $97.20 +0.41 : 115.33 +0.43/ 163: 1556
12-31: 249.92 +2.17 111.M: 25.42 : 21.09 +0.49 : 121.25 +0.19 8.38M: 1281.3 $45.41 : $96.16 - 0.25 : 121.51 +0.51/ 127: 1254
=====

---: SPY- : Chg : volume/ VIX : GDX: +-chg: -GLD- : Chg: volume: x10.?? WTI.Cr: -DXY- -Chg.- : --TLT- : Chg : Posts/Views cum'l:

DEC
28: 247.75 - 0.32 140.M: 28.34 : 20.60 -0.37 : 121.06 + 0.49 6.75M: 1283.0 $45.33 : $96.39 -0.18 : 121.05 +1.01/ 00, 115: 000, 1100 :
31: 249.92 +2.17 111.M: 25.42 : 21.09 +0.49 : 121.25 +0.19 8.38M: 1281.3 $45.41 : $96.16 -0.25 : 121.51 +0.51/ 00, 127: 000, 1254 :
JAN
30: 267.58 +4.17 84.3M: 17.66 : 22.18 +0.21 : 124.69 +0.71 12.1M: 1315.5 $54.23 : $95.24 - 0.57 : 120.93 - 0.09/ 03, 103: 034, 1195
31: 269.93 +2.35 80.5M: 16.57 : 22.69 +0.51 : 124.75 +0.06 10.0M: 1325.2 $53.79 : $95.56 +0.32 : 121.97 +1.04/ 00, 108: 000, 1284:

FEB
27: 279.20 - 0.12 52.3M: 14.70 : 22.35 - 0.38: 124.69 - 0.89 7.76M: 1321.2 $56.94 : $96.10 -0.02 : 120.43 - 1.38/ 00, 082: 000, 718
28: 278.68 - 0.52 56.1M: 14.78 : 22.24 - 0.11: 123.99 - 0.90 7.51M: 1316.1 $57.22 : $96.23 +0.23 : 120.02 - 0.41/ 03, 085, 032, 750
Mar
28: 280.71 +1.06 53.0M: 14.43 : 22.41 -0.60: 121.90 -1.75 11.4M: 1295.3 $59.30 : $97.20 +0.28 : 126.56 +0.44/
29: 282.48 +1.77 64.1M: 13.71 : 22.42 +0.01: 122.01 +0.11 6.59M: 1298.5 $60.14 : $97.21 +0.01 : 126.44 -0.12/ 01: 83, 022: 688
Apr
29: 293.87 +0.46: 57.2M: 13.11 : 20.84 - 0.46: 120.83 - 0.54 4.47M: 1281.4 $63.50 : $97.86 - 0.15: 123.02 - 0.19/ 00, 071: 000, 640
30: 294.02 +0.15: 00.0M: 13.12 : 20.89 +0.05: 121.20 +0.37 0.00M: 1286.7 $63.91 : $97.53 - 0.33: 123.65 +0.63/ 00, 074: 000, 680
MAY
30: 279.03 +0.76: 82.1M: 17.30 : 20.77+0.45 : 121.69 +0.82 7.76M: 1292.4 $56.59: $98.17 +0.03: 130.20 +1.11/ 00, 092: 000, 1000
31: 275.27 - 3.76: 86.9M: 18.71 : 21.59 +0.82 : 123.33 +1.64 15.4M: 1311.1 $53.50: $97.61 -0.56: 131.83 +1.63/ 02, 094: 047, 1047

June
03: 274.57 - 0.70: 94.4M: 18.86 : 22.49 +0.90 : 125.11 +2.78 14.2M: 1328.0 $53.25: :$97.05
04: 280.53 +5.96: 77.2M: 16.97 : 22.59 +0.10 : 125.15 +0.04 8.00M: 1331.0 $53.50: $97.25
05: 282.96 +2.43: 71.2M: 16.09 : 22.63 +0.04 : 125.47 +0.32 7.64M: 1333.8 $51.70: $97.00
06: 284.80 +1.84: 69.4M: 15.93 : 22.87 +0.24 : 125.88 +0.41 5.55M: 1342.7 $54.59: $96.55 +0.00: 130.61 +0.00/
07: 287.65 +2.85: 74.2M: 16.30 : 22.89 +0.02 : 126.59 +0.71 8.15M: 1346.1 $53.99: $96.81 +0.26: 131.74 +1.13/ 00, 017: 00, 155
10: 288.97 +1.32: 60.8M: 15.94 : 22.46 -0.43 : 125.33 - 0.26 5.41M:
11: 288.90 - 0.07: 00.0M: 15.99 : 22.59 +0.13 : 125.18 -1.41 0.00M: 1331.2 $53.27: $96.69 - 0.12: 130.58 - 1.16/
12: 288.39 - 0.51: 47.1M: 15.91 : 22.96 +0.37 : 125.83 +0.65 5.76M: 1336.8 $51.14 : $96.96 +0.27: 130.68 +0.10/ 00, 028: 000, 217
13: 289.58 +1.19: 48.9M: 15.82: 23.24 +0.28 : 126.60 +0.77 5.37M: 1343.7 $52.28 : $97.03 +0.07: 131.13 +0.45/  01, 029: 021, 238
14: 289.26 - 0.32: 52.3M: 15.28: 23.33 +0.09 : 126.56 -0.04 9.23M: 1000.0 $00.00 : $97.45 +0.42: 131.46 +0.33/
17: 289.37 + 0.11: 00.0M: 14.95: 23.46 +0.13 : 126.48 - 0.08 0.00M: 1342.9 $51.93 : $9764 +0.19:  131.69 +0.23/
18: 292.40 +3.03: 85.4M: 15.15: 23.67 +0.21 : 127.12 +0.64 10.3M : 1350.7 $54.11 : $97.63 - 0.01: 132.35 +0.66/ 00, 033: 000, 327
19: 293.06 +0.65: 78.6M: 14.33: 24.00 +0.33 : 127.89 +0.77 11.7M : 1348.8 $53.97: $96.97 - 0.66: 132.54 +0.19/ 03, 036: 041, 368
20: 294.43 +2.60: 00.0M: 14.75: 25.05 +1.05 : 131.11 +3.22 18.6M : 1396.9 $57.07: $96.63 - 0.34: 132.89 +0.45/ 04, 040: 050, 418
21: 294.00 - 0.43: 83.3M: 15.40: 25.21 +0.16 : 131.98 +0.87 15.1M : 1400.1 $57.43: $96.09 - 0.54: 131.43 - 1.46/ 04, 044: 050, 468
24: 293.64 - 0.36: 00.0M: 15.26: 26.19 +0.98: 133.94 +0.00 00.0M: 1418.2 $57.90: $96.14 +0.05: 132.31 +0.88/
25: 290.76 - 2.88: 82.0M: 16.28: 25.63 -0.56: 134.20 +0.26 24.8M: 1418.7 $57.83: $96.29 +0.15: 132.82 +0.51/ 02, 051: 040, 578

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Year End price Recap

Prices---- > YrE'16 : YrE'17 : change :  YrE'18 : change :
Gold ------ : 1151.7 : 1309.3 : +13.7% : 1281.3 : - 2.15% :
GLD ------ : 109.61 : 123.65 : +12.8% : 121.25 : - 1.94% :
Ratio ------: r10.51 : r10.59 : ====== : r10.567 : ===== :
GDX ------ : $20.92 : $23.24 : +11.1% : $21.09 : - 9.75% :
GDXJ ---- : $31.55 : $34.13 : +8.18% : $30.22 : - 11.5% :
SIL -------- : $32.11 : $32.64 : +1.65% : $25.02 : - 23.3% :
SLV-------- : $15.64 : $15.98 : +2.08% : $14.52 : - 9.14% :
Ratio ------: r2.053 : R2.043 : ====== : R1.723 : ===== : :
WTI ------- : $53.72 : $60.42 : +12.5% : $45.41 : - 24.8% :
USO ------- : $11.72 : $12.01 : +2.47% : $ 9.66 : - 19.6% :
OIH ------- : $33.25 : $26.05 : - 21.7% : $14.03 : - 46.1% :
XLE ------- : $75.32 : $72.26 : - 4.06% : $57.35 : - 20.6% :
SHcomp : $3,104. : $3,307 : +6.54% : $2,494 : - 24.6% :
=======

A month ago, I said:

"Many Gold shares are COILED & Ready to spring - if the Dollar slides below $97"

But the USD is still over $97, while Gold has jumped over $1300 again. This looks good

idx24_usd_en_2.gif  : t24_au_en_usoz_6.gif :

USD Index/DXY: $96.11 -0.29 : Gold : $1282.10 +1.70 ...

DXY/ Trade-wgt $/12mo : 2yr : DXY: $97.61+1.44, EUR: $1.1200 -0.027, GBP: $1.264, CAD: $0.738, AUD: $0.694, PHP: 52.15 (from last mo.)

5nh96TC.gif

GDXJ - OIH  vs UDN, SLV ... fr.1/2008 w/Dba : 7/2008 w/Dba : GDXJ: $29.53 +1.03 , OIH: $13.08 -0.36, USO: $11.10 -0.66

0hjPbHr.gif

FXFX : 2017-mid'19 :

oPsDXSA.gif

Group #1 : update : old chartJNUG ($7.55 -22.6%), UGLD ($96.39 +1.84%), GDXJ ($29.53 -7.11%) - from last month

LQnx6Cw.gif

Group # 2: update : GCM.t ($3.49 -0.85%), CCO.t ($13.64 -12.3%), MUX.t ($1.82 -9.91%)

ZWEPhpH.gif

OIH ($13.08 -27.3%) vs. Drillers: HAL ($21.29 -31.3%), MDR ($6.04 -27.8%), ESV ($8.37 -48.1%)

d1FDdaC.gif

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Long Term Charts updated from time-to-time, to at least: April 30, 2017

=== 

IWM / etf for Russell-2000 - 12/31/16 : $134.85,  12/31/17 : $152.46 :

All-log : 10-yrs : 12mos // SPY ... : To-End-2015 : last-12mos

nVzEZ3p.gif

KEY CHARTS 
===========

SPY / S&P500 etf - (UP) ...SPY: to 12/31/16 : $223.53,  12/31/17 : $266.86

updated 12/17/2018 : 2,545.94

9S1H6rx.gif

All-log / 3yrs : 4yrs : 5yrs : 10yrs : TREND is still UP, but may be rolling over

nyB6fg2.gif

SPX ... 10-yr

3OBqgrF.gif

.
TLT / T-Bonds etf - (DOWN) ... TLT: to 12/31/16 : $119.13,  12/31/17 : $126.86

All / 3 years : 4 years : 5yrs : 10yr : Made an important Peak in 2016 (?) identified in prior chart here !

jdfaUBq.gif

.
UUP / USDollar x2 etf - (Peaking?) ... to 12/31/16 : $26.46,,  12/31/17 : $24.03

All / 3 years : 4 years : 5yrs : 10yr : long ter, TREND is still UP,

sWEYfy8.gif

.
USO / Oil etf - (Battling DOWNtrend) ... to 12/31/16 : $11.72, 12/31/17 : $12.01

All / 3 years : 4 years : 5yrs : 10yr : 10yrL : Price is battling that old Downtrend

rpAk3nN.gif

.
XLE / Oil stocks - (Fighting back UP) ... to 12/31/16 : $75.32,  12/31/17 : $72.26

All-log / 3 years : 4 years : 5yrs : 10yrs : TREND is still Up

uPTblbm.gif

.
OIH / Oil service - (Fight DOWNtrend) ... $11.72, 2016  ,  12/31/17 : $26.05

All-Log  3 years : 4 years : 5yrs : 10yrs : Major Bottom in place?

3exBC6r.gif

.
GLD / Gold etf - (Reversing Downtrend?) ... 12/31/16 : 109.61,  12/31/17 : $123.65

All : 3yrs : 4 years : 5yrs : 10yrs : Reversing to Up?

4yeFpcu.gif

.
GDX / Gold stocks - (Breaking Downtrend?) ... 12/31/16 : $20.92,  12/31/17 : $23.24

GDX ... All-Log : 3 years : 4 years : 5yrs : 10yrs : Reversed to Up in 2016 maybe?

OdgKj01.gif

.HUI Chart - price data goes back further ... 12/31/16 : 182.31, 2016 range: $99.19 to 286.05 : +199.4% - beta 7.64

All-data :

eavKQ45.gif

China's Shanghai index last bounced of a support level near 2,600
ShComp 12/31/16 : 3103.6, 2016 range: 2638.3 to 3538.7 : +34.12% - beta 1.305

CN : SHcomp ... All-Log : All-Data

jQ65ScB.gif

===== other CHARTS =====

10yrs : SLV : GDXJ : / log : AGQ : PSLV : UGL : PHM +, GDXJ -, RGLD -, HK:HSI +, HK:12 -new,

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BRADLEY Model : "TURN dates"

SPY... 2015-2019: 12-31-16: $223.53 / 12-29-17: $266.86 : +19.4%

2016 : +Jan. 5, -May 10, +June 1, -July 5, +??, -Sep. 28, +Nov. 29
2017 : +Dec. 29, -Apr.17, +Apr.29, -Jun.21, +Aug.19, -Sep .7, +Dec.3, /
2018 : -Jan.4, +Jan.17
2019 : +Jan.18, +Apr.17, -May29, -Aug28, +Oct.9, -Dec3

bVz4z2b.gif

Model dates: 2019 : 2018 : 2017 : 2016 : 2015 :
2019-Bradley-Siderograph.png
===
Historical TURN: Bonds peaked first in 2015, then the Dollar, then stocks...

TLT... 2015-2019 : 12-31-16: $119.13 / 12-31-17: $126.86 : +6.49%

5hFlqdd.gif

USD trade-weighted dollar:

DXY ... 2015-2019 : DXY-all-data : 12-31-16: $102.36 / '17: $92.28 : -9.72%

wyXnzph.gif

Gold-Bradley-Siderograph-2019-Turn-Dates

sym: ye.2016 : ye.2017 : %.chg : 2017-H :
SPY : $223.53 : $266.86 : +19.4% : 268.60 :
TLT : $119.13 : $126.86 : +6.49% : 129.57 :
DXY : $102.21 : $92.282 : -9.72% : 103.82 :
Djia  : $19,763 : $24,719 : +25.1% : 24,876 :
GLD-: $109.61 : $123.65 : +12.8% : 128.32 :
EUR-: $1.0520 : $1.2001 : +14.1% : 1.2093 :
Dj/E : E18,786 : E20,597 : +9.64% :
PHP-: P49.606 : P50.009 : +0.00% : 52.006 :
====

OTHER Indices : USO : GLD : GDX : PHM : IYR : UGLD-vsGDX : : IMGHST.co

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MARKET CYCLES - Gold vs Property Charts

Gold and Property appear to be counter-cyclical - Time to switch into Gold?

Pulte (PHM) vs. Gold (GLD) ... update / 3-yrs :

BLUE Box: Sell PHM, Buy Gold / Red Box: Buy PHM, Sell Gold

OLD CHART !

fguOGn7.gif

3-years Chart : Key Level for PHM ($24.50) - Old chart :

OLD CHART PHM: $24.50, GLD: $112.57 / ratio: 21.8%

wDu3Hxx.gif

NEW CHART: PHM showed nice rally vs Gold ... update : Last (4/5/19) PHM: $28.94, GLD: $121.98 / ratio: 23.7%

zbFlN2v.gif

RATIO : PHM-to-GLD / rose from 21.8% > 23.7% . that's +8.7% higher , and may be peaking out now

utFi6fa.png

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Gas down, Oil down... OIH making new lows

1vMnFlG.png

WTI crude

G5ZWnDF.png

OIH / Oil Service

Ccj5YSq.png

"Oil Service stocks are still under pressure" - I said May 2nd

HAL, etc ... update : 10d / Last: $21?

O2cpbsk.gif

Sym. 31may: 01may: -Chg. -Pct%: PER : Yield :
HAL: $21.29: $27.59 -6.30 -22.8%:10.6: 3.38%
SLB:  $34.69: $41.37 -6.68, -16.1%: 23.8: 5.77%
Bhge $21.41: $23.55 -2.14, -9.09%: 66.9: 3.36%
OIH : $13.08: $16.14 -3.06, -19.0%: N/ A: 2.29%
XLE : $58.77: $64.79 -6.02. -9.29%: N/ A: 3.52%
CNQ: $26.99: $28.94 -1.95, -6.74%: 14.5: 4.13%
CHK: $ 1.92 : $ 2.83 -0.91, -32.2%: 4.43: 0.00%
SWN: $ 3.52 : $  3.87 -0.25, -6.46%: 2.14: 0.00%
USO: $11.10 : $13.22 -2.12, -16.0%: ==
WTI: $53.50: $63.60 -10.1,-15.9%: ==
NGas $ 2.45: $2.62: - 0.17, -6.49%:
NG/wt r-4.6%: r-4.1%: :

Ratio: NatGas to-WTI Crude - @ r-4.12% - Buy NatGas versus Oil?

IgoGQPR.png

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mike_1-636952019002018821.jpg

Gold put in a strong performance today with the St. Louis Fed president presenting a case for cutting rates.

St. Louis Fed president James Bullard helped light a fire under gold today, Yapping About Too Little Inflation and the Need for Rate Cuts.

Technically speaking, the $1350 to $1370 area has been one tough nut for gold to crack.

On a weekly chart, gold has failed in this area five or six times, depending on how one counts.

mike_2-636952019422813623.jpg

Gold fell from $850 an ounce in 1980 to $262 an ounce in in 1999 with inflation every step of the way.

People believed Greenspan, the great "maestro" had everything under control. It was an illusion.

Faith in central banks is about to be tested again.

Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29795842#gfA3VEXYpChAbyD6.99

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SSP.v / Sand Spring Resources

Some Of The Biggest Resource Opportunities Are HIDDEN In South America - Munson About Gold Breakout

 

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Jun 4 7:30am:

The Trump administration's threatened tariffs on Mexico couldn't come at a worse time for America's oil refineries. More

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All Digital?

Hans Sicat
Chief Executive Officer
ING Bank

PRESENTER: Hans oversees the first all-digital bank in the Philippines. The bank allows customers to open savings accounts through mobile phones with no minimum balance. Hans previously headed the PSE during a period of great transformation when it became known as one of the leading financial market exchanges in Asia. He has many years of investment banking experience in the Philippines, Hong Kong and New York.

Subject: Asia ECOMM Summit 2019 - June 19 - Google, Facebook, Purisima,etc

See the future at Asia ECOMM Summit 2019 on Wednesday, June 19 at the Manila Marriott. Title Sponsor: LBC Business Solutions.  Elite Sponsor: Multisys TechnologiesRegus.   REGISTER HERE.   The cost is Php5,000 and includes elegant lunch and hors d'oeuvres (Php6,000 if paid at the event).  

 

 

  ong Kong and New York.

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1. THEN: Gold may be waiting for a Rally in EUR & other non-USD fx ... update

JDArXI4.gif

2. NOW: Gold is benefiting from a Rally in EUR

Hlfhnqw.gif

 

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Gold Stocks: FOUR TO FOLLOW

NGD etc .  ... Last 10d : fr. 5/20/19 : 5/2015 ::  $0.67 +0.01 ++ ROXG: xx, GCM: xx, MUX: xx

43jVnnZ.gif

: fr. 5/20/19 : 5/2015 :

RH1zmZO.gif

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McEwen Mining is rallying - at last

MUX ... update : $1.48 +$0.02

q35prs4.gif

==

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"Broke that down trend, now into the $3.90’s. This has served me well, I’m getting ready to flip some out into Wallbridge again." - Jerpy

I sold a tiny amount of GCM shares at $3.93 yesterday.

Will I buy WM?  Maybe... but carefully

GCM etc: GDXJ & MNT.t ... w/o Mux st 377d: w/MUX : w/SSP : st: GCM.t only : 12/10/2018: c$2.81 : c$17.58 : $27.76 :

u7wQRZY.gif

==

YDHsWsc.gif

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8 Reasons a Huge Gold Mania Is About to Begin, Part II

By Nick Giambruno, chief analyst, The Casey Report

Yesterday, I laid out four reasons for why this gold rally will be bigger than anything we’ve ever seen....Today, I’d like to dive deeper into what’s going to trigger this revival…

No. 5: Takeover Frenzy in the Gold Mining Industry

2019 is on track to be a record-breaking year for gold mergers and acquisitions (M&A): NEM, GOLD, etc

No. 6: President Trump Is Pro-Gold

President Trump is a big fan of gold.... And Trump is a fan of the gold standard… in other words, the re-monetization of gold.

... Trump gets to stack over 70% of the whole Fed board with people of his choosing. And so far, he’s nominated several pro-gold candidates, including Herman Cain and Stephen Moore. They’re both on record as supporting a gold standard.

No. 7: Socialism Is on the Rise

Socialism is on the rise in the U.S. And it’s about to be entrenched in U.S. politics.

A recent poll from the Victims of Communism Memorial Foundation, a D.C.-based nonprofit, showed that one in two millennials now favors socialism and communism over capitalism. It’s why Bernie Sanders, Elizabeth Warren, Kamala Harris, Alexandria Ocasio-Cortez (AOC), and other socialists are skyrocketing in popularity. This is no small problem. Millennials are now the largest demographic group in America. And sometime this year, they are expected to surpass baby boomers as the nation’s largest living adult generation.

In other words, demographics alone guarantee more socialism ahead. And as we’ve seen again and again, when asked, “How are you going to pay for this?” socialists have the same answer: “Tax the rich!”

... America’s embrace of socialism will lead to more money-printing and currency debasement, just as it has everywhere else it’s been tried. But this time, it won’t be the Argentine peso or the Venezuelan bolívar that is debased. It will be the U.S. dollar… the world’s premier reserve currency. Gold is the primary competitor for the U.S. dollar’s top role. And as the American socialists inflate the value of the dollar away, it will make gold all that more attractive.

No. 8: Gold-Backed Cryptos – A Monetary Revolution

The last catalyst for gold is cryptocurrencies backed by gold. There are dozens of gold-backed cryptos sprouting up.

Peter Grosskopf, the CEO of Sprott, recently called gold-backed cryptocurrencies “the most important thing to happen to the gold market in the last several decades.” Soon after, Sprott launched a gold-backed crypto it developed with its partners. When Sprott – a leader in the natural resources industry – makes a big move into the gold-backed crypto space, it’s a definitive sign of where things are headed.

Gold-backed cryptos combine the best attributes of gold and cryptos. I can’t think of two other asset classes that have as many synergies. In other words, the whole is worth much more than the sum of the parts. With cryptos redeemable for gold, we can now instantly send anyone anywhere in the world small or large amounts of gold – reliably and without interference. It’s nothing short of a monetary revolution.

Gold-backed cryptos are going to make using gold as money even more convenient for the average person and business. Anyone with a cell phone now can use gold in a way that was not possible before.

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Something to bear in mind.

The Bond Market Rubicon Has Been Crossed

Yield curve inversion will probably lead to cut in Fed rates very soon.

Traders in the foreign-exchange market have suffered an epic slump, losing money in each of the past four years, and seven out of the past eight, as measured by the Citi Parker Global Currency Index.

Haha. FX is hard.

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Catching up... after missing last week

==== :  Fye'16 : Fye'17 : +-%chg :  12/31 :   02/01 :  03/01 :  05/03 :  05/17  :  05/24 :  05/31 :  06/07 :
Gold : 1151.7 : 1309.3 : +13.7% : 1281.3 : 1322.1 : 1299.2 : 1281.3 : 1275.7 : 1283.6 : 1311.1 : 1346.1 :
GLD- : 109.61 : 123.65 : +12.8% : 121.51 : 124.50 : 121.88 : 120.65 : 120.65 : 121.30 : 123.33 : 126.59 :
SPY- : 223.53 : 266.86 : +19.4% : 249.92 : 270.06 : 280.42 : 294.03 : 285.84 : 282.78 : 275.57 : 287.65 :
SPX- : 2238.8 : 2673.6 : +19.4% : 2506.8 : 2706.5 : 2803.7 : 2945.6 : 2859.5 : 2826.1 : 275.27 : 287.65 :
S/AU: 194.4%: 204.2%: ====== : 195.6% : 204.7% : 215.8% : 229.9%: 224.2%: 220.2%:
WTIc: $53.72 : $60.42 : +12.4% : $45.41 : $55.26 : $55.80 : $61.94 : $62.92 : $58.63 : $53.50 : $53.99 :
XLE : $75.32 : $72.24 : -4.09% : $57.35: $64.89 : $66.48: $64.25: $63.75: $61.62 : $58.78 : $61.27 :
OIH-: $33.35 : $26.05: -11.9 % : $14.03: $17.22 : $17.42: $16.34: $15.09: $13.81 : $13.12 : $13.57 :

OI/X :  44.3% :  36.1% : ====== : 24.46%: 26.54%: 26.20%: 25.43%: 23.67% : 22.40% :  ?????????????? : New Low!
Ngas: $3.350 : $2.950 : - 11.9% : $2.940 : $2.734 : $2.859 : $2.570 : $2.630 : $2.610 : $2.452 : $2.337 :
Cop'r: $2.510 : $3.305 : +31.7% : $2.630 : $2.773 : $2.932 : $2.819 : $2.739 : $2.700 : $2.640 : $2.628 :
Soyb : 1000.0 : 950.00 : -----------> 895.00 : 917.75 : 911.50 : 842.25 : 821.75 : 829.75 : 878.00 : 856.25 :
Weat : 408.00 : 426.25 : +4.47%: 503.25 : 524.25 : 457.28 : 438.00 : 465.00 : 489.50 : 502.70 : 504.50 :
Corn : 352.00 : 350.75 : - 0.36% : 375.00 : 378.25 : 373.00 : 370.75 : 383.25 : 404.25 : 426.70 : 415.75 :
CRB- : 192.51 : 193.86 : +0.07% : 169.80 : 180.55 : 181.50 : 181.77 : 180.99 : 178.63 : 175.35 : 174.42 :
DBA : $19.97 : $18.76 : -6.06% : $16.91: $16.93 : $16.45: $16.03: $15.92: $16.27: $16.61 : $16.46 :
D/crb: 10.37% : 9.67% : ====== :  r9.96% : R9.38%: r9.06% : r8.82% : r8.80% : r9.10% :
Xle/D: r-3.770 : r-3.850: +2.14%: R3.391 : R3.833 : r4.041 : R4.008 : r4.004 : R3.787 :
DXY- : 102.38 : $92.30 : - 9.85% : $96.16 : $95.62 : $96.45 : $97.26 : $97.82 : $97.48 : $97.61 : $96.81 :
TLT- : 119.13 : 126.86 : + 6.49% : 121.51 : 120.96 : 118.66 : 123.66 : 125.99 : 127.78 : 131.83 : 131.74 :
==== :
Gold : 1151.7 : 1309.3 : +13.7% : 1281.3 : 1322.1 : 1299.2 : 1281.3 : 1275.7 : 1283.6 : 1311.1 : 1346.1 :
Au/hd: r1.401 : r1.58E : ======:  r1.61E : R1.617: R1.681 : r1.730 : R1.735 : R1.737 : r1.748  : r1.780 :
Hold : 822.17 : 830.00 : +01.0% : 795.8E: 817.40 : 772.46 : 740.82 : 736.20 : 738.81 : 750.0E : 756.42 :
WPM : $19.32 : $22.27: +15.3% : $19.53 : $21.10 : $21.38 : $20.86 : $20.07 : $20.30 : $22.10 : $22.91 :
GDX- : $20.92 : $23.24 : +11.1% : $21.09 : $22.57 : $21.70 : $20.26 : $20.75 : $20.57 : $21.59 : $22.89 :
Gdxj : $31.55 : $34.13 : + 8.18% : $30.22 : $32.84 : $31.44: $28.41 : $28.74 : $28.19 : $29.53 : $30.88 :
SIL-- : $32.11 : $32.64 : +1.65% : $25.02 : $26.88 : $26.01 : $23.80 : $22.59 : $22.31 : $23.05 : $24.20 :
/SLV: R2.053 : R2.042 : - 0.54% : r1.723 : R1.802 : R1.832 : R1.705 : R1.671 : R1.634 :
SLV- : $15.64 : $15.98 : +2.08% : $14.52 : $14.92 : $14.20 : $13.96 : $13.52 : $13.65 : $13.65 : $14.06 :
Silver: 16.580 : 17.150 : +3.44% : 15.540: 15.930 : 15.260 : 14.980 : 14.390 : 14.560 : 14.570 : 15.030 :
PHM : $18.38 : $33.33 : +81.4% : $25.99 : $27.35 : $26.74 : $31.78 : $32.48 : $32.12 : $31.00 : $32.75 :
EEM- : $35.01 : $47.30 : +35.1% : $39.06 : $42.76 : $42.49 : $44.22 : $40.29 : $39.95 : $40.71 : $41.18 :
ShCm: 3103.7 : 3307.2 : +6.56% : 2494.0 : 2618.2 : 2994.0 : 3078.3 : 2860.2 : 2853.0 : 2898.7 : 2827.8 :
PhpSi: 6840.6 : 8558.4 : +25.1% : 7476.0 : 8121.9 : 7641.8 : 7968.0 : 7580.9 : 7747.1 : 7970.0 : 7974.0 :
XLF-  : $23.25 : $27.19 : +16.9% : $23.82 : $26.05 : $26.69 : $28.07 : $26.88 : $26.86 : $26.01 : $27.12 :
IWM- : 134.85 : 152.43 : +13.0% : 133.90 : 149.18 : 158.24 : 160.53 : 152.84 : 150.79 : 145.86 : 150.86 :
F/iwm 17.24%: 17.84%: =====  : 17.79% : 17.46%: 16.87% : 17.49% : 17.59%: 17.81%:
BTC-- : $948.5 : 13,100 : x13.8X : $3,770 :  $3,435 : $3,818 : $5,712 : $7,110 : $8,114 : $8,350 : $7,945 :
===== : Fye'16 : Fye'17 : +-%chg :  12/31 :   02/01 :  03/01 :  05/03 :  05/17  :  05/24 :  05/31 :  06/07 :

Gold in Bitcoins

l6EhbF7.png

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The Golden Dogs:

CDE-etc / w/NGD ... update :

PhZRPxj.gif

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PEI's correction may be over

PEI / Penn Reit ... 2yr : 6mo : 10d / Last: $6.83 +$0.14, +2.09%; Yield: 12.13%

L9GUbCo.gif

: 6mo :

9wX1Vyd.gif

==

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GCM has outperformed GDXJ - and this will help going forward

  Gran Colombia to buy back up to 4.58 million shares

2019-06-10 10:19 ET - News Release

Mr. Serafino Iacono reports

GRAN COLOMBIA GOLD LAUNCHES NORMAL COURSE ISSUER BIDS FOR ITS COMMON SHARES AND WARRANTS

Gran Colombia Gold Corp. has received approval from the Toronto Stock Exchange to begin normal course issuer bids (NCIBs) for its common shares and its share purchase warrants expiring on April 30, 2024, which trade under the symbol GCM.WT.B. The NCIBs allow the company to purchase up to 4,589,129 common shares and up to 1,109,628 warrants of the company, representing 10 per cent of the current issued and outstanding common shares and warrants in the public float for each security as of June 4, 2019. As at June 4, 2019, the company had 48,300,405 common shares and 12,150,908 warrants issued and outstanding.

Serafino Iacono, executive chairman of Gran Colombia, commented: "Our company has really turned things around over the last three years with tremendous improvements in our operating and financial results, strengthening of our balance sheet and simplifying our capital structure. As a result of these accomplishments, we see significant potential upside in our current share price. Our free cash flow has reached a level that will not only service our current debt obligations, but will afford us an opportunity to use our financial resources to enhance shareholder value on a per-share basis by reducing our fully diluted number of shares issued and outstanding."

GCM.t vs.GDXJ ... since Dec.2018 / Last: C$3.99 -0.05, US$3.01 -0.048 / GDXJ:$30.45 +0.39 : r-9.89%

f7iOgvy.gif

/ 2 /

On Twitter... Ross Beatty visit

ColombiaGoldSymposium‏ @ColGoldLetter Mehr Ross beaty visiting gran colombia gold in colombia.... Interesting   13:40 - 11. June 2019 
 

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Gold Sector Is Looking Like A “Candy Shop” Now – Dundee Kit

Gold Sector Is Looking Like A “Candy Shop” Now – Dundee  Kitco NEWS  Published on 11 Jun 2019  Now is the time to be buying gold mining stocks, when prices are deflated,  not when...read more

/ 2 /

Gold is setting up for a breakout years in the making, techn

Trade war uncertainties and expectations of a Federal Reserve rate cut has sent gold soaring this month.

The precious metal is up more than 3 percent since the start of June, hitting its highest level in more than a year on Friday.

According to Carter Worth of Cornerstone Macro, the charts are setting up for a breakout years in the making.

“Gold has been toying with the prospects of a breakout repeatedly for the past five years,” Worth said Friday on CNBC’s “Options Action. ”

105958390-1560182027871cartergoldchart2.

All the while, gold’s pullbacks have been increasingly shallow during the period of time over which $1,350 has been an authoritative top, suggesting that it’s finally ready to spring off the top and into a major breakout.

Additionally, Worth notes that gold has recently conquered the commodity space after a long period of lagging.

carter gold chart 3

“We just moved above [the recent relative high], we made new relative all-time highs this week. I think that is a very important development. I like gold, I like gold miners, and I think you have to have some form of it, in some fashion, in your portfolio.”

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Gold Sector Is Looking Like A “Candy Shop” Now – Dundee Kit

June 11, 2019

Gold Sector Is Looking Like A “Candy Shop” Now – Dundee  Kitco NEWS  Published on 11 Jun 2019  Now is the time to be buying gold mining stocks, when prices are deflated,  not when...read more

/ 2 /

Gold is setting up for a breakout years in the making, techn

Trade war uncertainties and expectations of a Federal Reserve rate cut has sent gold soaring this month.

The precious metal is up more than 3 percent since the start of June, hitting its highest level in more than a year on Friday.

According to Carter Worth of Cornerstone Macro, the charts are setting up for a breakout years in the making.

“Gold has been toying with the prospects of a breakout repeatedly for the past five years,” Worth said Friday on CNBC’s “Options Action. ”

105958390-1560182027871cartergoldchart2.

All the while, gold’s pullbacks have been increasingly shallow during the period of time over which $1,350 has been an authoritative top, suggesting that it’s finally ready to spring off the top and into a major breakout.

Additionally, Worth notes that gold has recently conquered the commodity space after a long period of lagging.

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GDX is running ahead of GDXJ

GDX vs-GDXJ ... update :

XtQ7kno.gif

==

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