A warning sign for gold stocks…

From Jeff Clark, Editor, Stansberry Short Report: 

It’s time for a pause in the gold-stock rally.

The Market Vectors Gold Miners Fund (GDX) is up 77% since bottoming in January. It has been a straight move higher – practically vertical.

And by the end of the year, gold stocks are likely to be even higher than where they are today.

But in the short term, we may have a problem. You see, one of my favorite gold-stock timing indicators just triggered a sell signal…

Take a look at this chart of the Gold Miners Bullish Percent Index (or “BPGDM”)…

A bullish percent index is a gauge of overbought and oversold conditions. It measures the percentage of stocks in a sector that are trading in a bullish technical formation. Since it’s measured as a percentage, a bullish percent index can only reach as high as 100 or fall as low…

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<