Buy Gold

Takeaway: Rates ↑, Dollar ↑, Gold ↓ ... buy more Gold

Buy Gold - Gold cartoon 08.11.2016

This morning's market message appears to be buy more Gold.

That’s been the playbook all year long. I see no reason to change that this morning with both the Pound and Yen signaling immediate-term TRADE oversold vs. a US Dollar that should fade on another rate of change slowing in non-farm payrolls on Friday.

fade central planners...

Editor's Note: The snippet above is from a note Hedgeye CEO Keith McCullough sent to subscribers this morning. Click here to learn more.

In case the message above isn't clear, take a look at this 37-second video below.