In uncertain times, investors and traders are drawn to the gold market. The precious metal proves it once again as the price of gold rose after the United States launched an attack on a Syrian airbase. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))
Apr 10, 2017
Apr 5, 2017
The Dollar’s Demise
The Dollar’s demise may make it almost impossible for any other currency to fill that role of world reserve currency. I think what’s more likely is we go back to gold being the primary monetary reserve. (SPDR Gold Trust ETF (GLD))
Apr 4, 2017
The Federal Reserve Is Actively Engaged in a Propaganda
Right now, I think the Federal Reserve is actively engaged in a propaganda effort to try to convince everybody that the economy is stronger than it is by raising interest rates even though the economic growth forecasts are collapsing. (Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))
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