This week’s article is all about gold. Although the Author cautions that the price of gold has made a stupendous rise in a very short time and, therefore, is ripe for a short-term pull-back, he strongly advises holding gold for the longer term. He lists reasons for why investors should examine their financial assets and assess exactly which ones they should hold going forward in light of the Author’s expectation that many of these financial asset classes are now in bubble territory.
As the chart below shows, gold has traced out a reverse head-and-shoulders pattern and has now punched through the neckline — a bullish breakout — currently trading at $1,400/oz at the time of this writing, the highest price it has traded at since 2013.
You can access this week’s complete commentary HERE
