Let's check on gold and its move relative to the U.S. dollar.
It's always best to buy when things are out-of-favor and cheap, rather than popular and expensive, as I'll show here using gold.
Let's look at a trade in this precious metal, why it didn't move as expected and where it could pan out.
Gold and silver have been just treading water this year, though that performance certainly is better than most stocks.
If gold starts to make a turn higher, here's what I'll do next.
I'm monitoring an energy ETF and a gold ETF, too, though I'm waiting for both to display more basing action.
Sometimes it's better to be in cash as there really is no place to hide.
It's doubtful that the Jerome Powell Fed will take the Paul Volcker approach, and raise rates above the rate of inflation.
Here's a play in B2Gold Corp.
In 20 years, I've never seen this type of market disfunction and illiquidity.