To gain an edge, this is what you need to know now.
GOLD MAY PRODUCE BIGGER GAINS THAN THE STOCK MARKET UNLESS THERE IS A VACCINE $GLD $DJIA $SLV $GDX $NUGT $DUST $GOOG $MSFT $FB $AMZN $AAPL
I have never been afraid to make bold predictions for the stock, commodities, bond and currency markets when supported by rigorous analysis.
Recently I made a prediction that gold is on its way to $3,000 an ounce unless there is a vaccine and money printing stops. In some ways, this is similar to my call for the Dow Jones Industrial Average DJIA reaching 30,000 points when it was trading around 16,000. (Please see “Here’s the case for Dow 30,000 in Trump’s first term.”)
Let’s examine gold with the help of a chart.
Please click here for an annotated chart of SPDR Gold Shares GLD, an exchange traded fund.