gold Macro Tourist

Trader: ‘The Next Big Surprise Is Gold’

"The only scenario that really hurts gold is a strengthening economy that has the Fed continuing to try to get ahead of the curve. I don’t know about you, but I am a seller of both of those possibilities."

"The only scenario that really hurts gold is a strengthening economy that has the Fed continuing to try to get ahead of the curve. I don’t know about you, but I am a seller of both of those possibilities."
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4 comments on “Trader: ‘The Next Big Surprise Is Gold’

  1. Anonymous

    Now that’s why I read Heisenberg. Highly educational analysis – at least for this dummy.

  2. He just can’t stay away from his pile of yellow metal. But Kevin gave a great buy signal on silver a while back, I will give him that.

  3. When? I guess before it rose and then fell again. But I was gonna say, the COT ownership profile of silver is at a 52-week extreme (gold isn’t) so in the PM space, currently silver may be a better dart than gold, maybe. But silver isn’t for the faint of heart and gold is a tamer animal. They might be in a B-wave (more limited).

  4. “Gold Is Money, Everything Else Is Credit” is attributed to JP Morgan himself while testifying in front of Congress back in 1912 shortly before his death.

    Get out of as much debt as possible and get you some physical gold and silver because if you don’t hold it you don’t own it.

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