Posts Tagged ‘GLD’
A Story About Japan, the U.S. Dollar, & Gold
Investors woke up to a major macro surprise Tuesday morning when the Bank of Japan announced a de-facto rate hike by allowing the yield on their 10-Year Treasury to reach .50%. Although the Bank of Japan (BOJ) didn’t actually raise rates, the net result is the same. What the BOJ did was allow the 10-Year…Read More
Is Gold Finally Ready to Shine?
Last week, an ADAPT Weekly reader asked about my thoughts regarding investing in Gold… Not that my opinion is all that important – remember, the only thing that pays to watch is price. I’ll say it again: If you’re going to pay attention to anything, pay attention to price. So here’s the scoop… We’ve avoided…Read More
You don’t win today’s game with yesterday’s home run
“You don’t win today’s game with yesterday’s home run”. -Babe Ruth Regardless of how successful your portfolio was or was not in 2020, it’s in the books. It’s over; time to move on. So rather than spending considerable time and energy talking about 2020, today, I’m going to share what I’m seeing right now. I’m…Read More
Stocks Are Ripping Higher
To be blunt, this market is ripping higher! We’re seeing a lot of new highs. In fact, we saw more new highs in November on both the New York Stock Exchange and the Nasdaq than we’ve seen since early 2018 – the former peak for risk on assets across the globe. Back in January and…Read More
Is This the Best Alternative to Stocks Right Now?
Markets are fluid, and success often demands a willingness to adapt or risk being on the wrong side of a trade. Because relative strength relationships and inter-market relationships between asset classes change – we pay attention. We’ve been watching breadth in stocks deteriorate, especially since mid-January. The majority of stocks are down over that period,…Read More