Gold has been a bad investment for several years, but it's time to consider adding hard assets to your portfolio with a recession imminent.
While today's action isn't attractive, we were ripe for a little profit-taking.
The gold market hasn't made progress in either direction since experiencing a sharp selloff in 2013.
Strength in SA could be an important clue to what gold may do later in 2019.
Let's see if the charts are desirable.
Changes decades ago in how the government calculates inflation greatly understate its impact on your investments, so choose asset classes wisely.
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?