Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Gold Joins The Global “Death Cross” Procession

Courtesy of ZeroHedge. View original post here.

While US mega-tech stocks support the belief that all is well for many Americans, a glance around the world and the shit is seriously hitting the fan…

Downtrends are everywhere and 'death crosses' are popping up in asset classes from Chinese stocks to global Systemically-Important Banks and most recently gold…

The crossing of the 50-day moving average below the 200-day moving average has been long used a signal of trend change and more euphemistically is known as the "death cross."

Gold is now suffering…

Silver was triggered a few months back… (but has largely gone sideways since)

But Chinese Stocks have slumped since being hit by the death cross…

And as China growth expectations fade amid global trade war tensions, Copper has given back its recent spike gains and formed a death cross…

And it's not just 'real' assets, virtual currencies have been hit with Bitcoin plunging after suffering its death cross…

Europe has not been spared with DAX suffering a death cross earlier in the year, rebounding, and now about to suffer another as Trump's tariff threats send it spiralling lower…

Emerging Market stocks, bonds, and FX are all 'death cross'-ing…

And finally, and perhaps most ominously, there are the Global Most Systemically Import Banks (G-SIBs) - which just formed a death cross as they entered a bear market…

But then again – why worry – Nasdaq is at a record high…

Probably nothing to worry about, it's only the global economy that is slowing dramatically…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!