See the playbook below. We are long gold via the GLD etf, and trading it with an upward bias. Our immediate term upside target is $854/oz. We think you make money buying it when the yellow rocks are on sale down around the $754/oz level.
This iteration of the Federal Reserve is going to cut rates to zero. One of our most recent Investment Themes is "Re-Flation". This is, at its most basic level, the best way to be long that Theme.
Keith R. McCullough CEO & Chief Investment Officer
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