Markets open green… for now – Gold hitting all time highs is a serious warning sign…

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Discover the secret behind my special volatility strategy that clocked a rapid 80% winner on Apple – all while the stock was falling 10%. Special livestream today at 12:30 PM will reveal all. Claim your free spot here.

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Friday, March 14th

 

“All that is gold does not glitter, not all those who wander are lost; the old that is strong does not wither, deep roots are not reached by the frost.” 

 

-J. R. R. Tolkien

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Markets Today

🌏 Asia-Pacific: Up

🇪🇺 Europe: Up

🇺🇸 United States: Up

🛢️ Oil: Up

Crypto: Up

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Major Market Events 

  • Gold hits record high of $3,000 in warning sign to rest of market
  • Blackstone continues $17 billion real estate bet on battered office sector
  • Tesla dumped by Danish pension fund over Musk’s politics

 

🤔 My Thoughts

The markets are green as I write this…

But I’m not even 100% sure that they will stay green when you see this.

Gold just broke through all time highs of $3,000 an ounce.

(I’m kicking myself for not buying that gold Rolex I had my eye on, when they were getting cheap early in the year… 😂)

That’s one of the oldest… and still most important signals in finance. 

When the cost of gold goes up, it means that real inflation and real concern over other assets is significant.

And I do like gold as a hedge and a hard asset. Especially if you hold it physically in a safe.

But gold is never really a good investment. It’s a store of wealth, and one that has worked for thousands of years for that purpose. But it doesn’t help you build wealth. 

There’s no yield on your investment. There are no dividends to reinvest. And frankly, the time to buy gold was 6 months ago. Rushing in now literally means buying at the highest price gold has ever been in human history.

What I really want to target in times like this is income.

We hosted a huge broadcast yesterday about my favorite income trading strategy… and it was such a hit that we’re hosting a last minute livestream today at 12:30 for anyone who missed it.

So if you want to see how I’ve won 11 out of my last 12 income trades… all while the market has been seeing enormous volatility, than claim your free RSVP right here.

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Testimonial of the day:

Barrie W. about Lazy Trader’s Club: “Won on about 8 trades. No losses”

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