Apr 11, 2017

Trump Rally Was Based On Things That Aren't Materializing

We had this huge stock market rally based on repealing Obamacare, that did not happen, based on comprehensive tax reform and that did not happen either! (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Apr 10, 2017

Geopolitical Uncertainty Is Bullish For Gold

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 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))

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