Checking the charts, conventional equities are now heading into bear market territory, with the Dow and Nikkei closing the week solidly below their 200 day moving averages, while the S&P 500 bounces around right at its 200 dma.
Long bonds are trading at the lower margin of their up-trending channel – there may be a low risk speculation buying them here; if they stay true to form and bounce higher, the profits could be excellent, but if they start to fall, make a hasty exit.
Gold stocks have been trading above their 200 day average for about a month now, and have tested it as support several times. They are starting to look very attractive as a speculation. Once they close above 6.5 grams, and retest that level as support, I will consider them to be in a bull market.
Bitcoin is trading sideways, performing a bit worse than the USD and EUR, but a bit better than the CAD for the week. Trading volumes have been falling the last two weeks and are now very light; I expect volatility to increase when that trend reverses.