Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

MDM - On silver and gold...

Our inclusion of silver and gold ETFs in yesterday's MDM buy signal is indicative of both the fundamental and technical backdrops as discussed in prior reports.

Should MDM turn to a neutral or sell signal, it does not mean you should automatically sell your silver/gold ETFs since these are ETFs that are focused in one area.

GLD broke above its midpoint 151.45 earlier today. This could be an opportunity to initiate or add to your position. As always keep your stops intact and obey your risk tolerance levels.

GLD is a heartbeat away from surpassing its old highs of 153.61. Silver should get dragged up higher and potentially outpace gold should gold move higher from here.

For disclosure purposes, we hold positions in DGP and AGQ.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy