Gold And Bonds Rip Higher

Published 08/05/2020, 02:49 AM
Updated 07/09/2023, 06:31 AM

Bear though I may be, there are two assets whose ascent I will always cheer: bonds and goldI’m pleased to report both of them are ripping.

Bonds have actually been steadily stomping higher for months, but it’s been so quiet and subtle, no one has really noticed. Yesterday, however, is particularly important, since we’ve completed a powerful basing pattern.

TLT Chart

Gold is especially close to my heart since its ascent is a hard slap across the face of Jerome Powell. Remember, I’m counting on this stuff to triple in price. Also, take note how volume is pumping. People are starting to wake up.

Gold Chart

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