Is Gold Pooped?

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

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As big a fan as I am of gold, I’d like to point out that it seems to have exhausted itself for now. GLD has a price gap at 310.31. Considering that the other “anti-dollar” trade, Bitcoin, is up thousands of dollars to a record high, this is a pretty dismal performance from gold. Shorting GLD with a tight-stop seems like an intriguing risk/reward ratio.
 


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Alexandra Gray 3 months ago Member's comment
Trump is so unpredictable, it's hard to know what to invest in.
Linda Willis 3 months ago Member's comment
Unlikely.
Terrence Howard 3 months ago Member's comment
Maybe in the near term. Look around us. World’s just getting more unstable, so #gold it is.