Imagine how strong the charts might look if the U.S. dollar turned lower.
I think you should consider that gold prices and mining companies could be considerably higher later in 2019 and 2020.
Next week we'll be at the tail end of earnings season. It's been a blast, at least until this past week when we got some iffy news about trade.
So, if there's no inflation anywhere, why have gold prices rallied 11% in six months?
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.
We tend to be contrarians in the gold market, and we see a looming opportunity for the bears in the coming weeks.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
Consider buying these dirt cheap GLD puts.
The gold miner is a little stretched to the upside at the moment, but should present a buying opportunity on a modest pullback.
Let's see what's in store for TLT, WTIC and GLD early in the new year.