Gold leak
Gold just keeps getting hammered, it can't hold a rally, and traders are getting fed up. For the past 12 consecutive sessions, they've pulled assets from gold funds. That's the longest streak of outflows in several years.

For gold, it was a decent precursor to a rebound over the next 1-2 months. Curiously, it has been more effective since gold peaked in 2011 than it was before that. The last 5 signals all led to gains over the next 3 months.

It was a similar story for the primarily gold fund, GLD. This makes sense, since it does a good job tracking its underlying market.

Miners tend to be volatile, and that showed in the returns. Shorter-term returns were weaker, but over the next couple of months, miners performed better, with some great gains seen after the most recent signals.

