CHART OF THE DAY: Re-Grossing GLD Position

09/02/22 07:57AM EDT

Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough. 

If you lost it emotionally because GLD was down -0.88% yesterday, consider the alternative:

A) Goldman’s “Expensive Software” Basket was down -6.5% on the day
B) Goldman’s Profitless Tech Basket was down -4.5% on the say

My largest Asset Allocation (US Dollars) was up another +0.9% to new Cycle Highs yesterday too, so I got over the GLD thing. If this morning’s US Jobs report is bad (in rate of change terms), I think I’m set up for longer-term Full Cycle gains in Gold.

CHART OF THE DAY: Re-Grossing GLD Position - CVV

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