4 Reasons Why Investors Should Avoid Gold Like the Plague

August 12, 2021 Please Don't Tell Anyone About This Most people don't know this, but there's a secret calendar that reveals the exact dates certain stocks on Wall Street are going to go up every single year. We're serious. This mysterious calendar can spot a new stock every single week that, once triggered, pops like clockwork. It's so accurate, anyone could set their clock to it and watch their trades shoot to the moon — regardless of what's going on in the rest of the stock market. See the Calendar The Ticking Bond Bomb In 2019, I talked a lot about quantum economics. What is quantum economics? It's the new world we live in. Negative interest rates, high bond prices, a strong U.S. dollar and a stronger gold price. When I was on a panel at a large resource conference five years ago, I said we would have further negative interest rates and higher bond prices in the coming years. The other panelists and "gurus" said that was "metaphysically impossible." Well, that's exactly what happened... and now we're here. Be Careful Who You Listen to 4 Reasons Why Investors Should Avoid Gold Like the Plague On paper, mid-August should just be another slow week in the stock market... but I'm not buying that for a second! This past weekend, futures acted sporadically as gold had a flash crash of 5% on Sunday night  when futures opened for trading at 6 p.m. EDT. The word on Wall Street is that a big hedge fund account had to dump $4 billion! I find it super odd that the hedge fund had to quickly sell everything on a Sunday night, but who knows... The key takeaway for traders from this Sunday night disaster is there are times when hedge funds are blindsided, causing a big sell-off to happen quickly. And there's a certain way events like this need to be handled. So let's take a look at gold, as I know many traders have an interest in it. But Should They? "Hi Roger, I liked the video on earnings release and expected price move." Ron K.  A 52-Week High/Low is the highest and lowest price that a stock has traded at during the previous year. It is a technical indicator used by some traders and investors who view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), these traders and investors may show increased interest as price nears either the high or the low.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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