Image Source: Pixabay
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.
More By This Author:
Into Energy Again
Mullen Things Over
Tremendous Wealth Creation
Comments
Log in or sign up to join the conversation.