Bullish on Gold? We are.
Here's some key short-term trading advice via our Macro team:
"... Gold is up ~19% for the year, the USD going up and interest rates going up could cause gold to fall. Around 1,225 is an interesting spot to buy more gold but we are going to be a little more patient in the face of all the rate rise commentary. The immediate-term risk range for gold is 1225-1279."
Hedgeye CEO Keith McCullough sent out a key signal in Real-Time Alerts Monday warning subscribers about inherent risks to gold given current macro trading.
Check out McCullough's recent interview with bestselling author Jim Rickards, "Why Gold Is Going To $10,000."