Monday, August 9, 2021

Sunken Treasure: Do We Buy Gold After the Flash Crash?

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

Sunken Treasure: Do We Buy Gold After the Flash Crash?

August 09, 2021

If you remember, about a week ago I mentioned that my work week typically starts on Sunday night when I observe how markets open in Asia.


This Sunday, let's just say that markets opened… in interesting fashion.


Gold started the week by selling off quickly, triggering a series of stop-loss orders that pushed prices for the yellow metal all the way down to $1,677.90 per ounce.


Mainstream media is panicking, so how do we trade the gold flash crash?

To Buy or Not to Buy?

Want to Join the Daily Profit Challenge?

Anyone who has heard of Future of Wealth Head Trader Lance Ippolito's Weekly Blitz Alerts method probably gets the basics:


  1. Wait for the Shadow Blitz.
  2. Place a trade before the market closes.
  3. Cash out!


When Lance was on Wall Street, he found that unusual trades were constantly being placed right before a massive overnight run-up.


But they can happen way faster.

Tomorrow Is a Long Way Away

The Jobs Report Isn't All It's Cracked up to Be. Look Here for Gains

August 6, 2021

Of course, just two days after we talked about how doom and gloom mainstream financial media is, the headlines on the front page are happy-go-lucky following the July 2021 jobs report.

Continue Reading

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