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Takeaway: We are adding Gold to Investing Ideas today.
Please note that we are adding Gold (GLD) to Investing Ideas today. Below is a brief note from CEO Keith McCullough. We'll have an additional update in this weekend's edition.
I've been waiting, patiently, on this one - and here it is - a buy signal on Gold.
To review what will really make Gold rip:
1. Down Dollar
2. Down Rates
With the 10yr UST (and German 10yr) making lower-long-term highs here, the catalyst for Gold to go up is clear.
We'll see if I was patient enough.
Hedgeye CEO Keith McCullough handpicks the “best of the best” long and short ideas delivered to him by our team of over 30 research analysts across myriad sectors.