The Gold Squeeze
prices are reaching all-time highs and have
been doing so for a while.
One characteristic of gold that people have been
overlooking is that it has a positive skew.
This means that when gold prices make
significant gains, the volatility index (GVZ) for gold also rises.
We are at a resistance level. Could be a time to rebalance your portfolio,
It might be an idea to for call spreads into
higher strikes.
The market could go really dynamic.
Keep in mind that gold could go parabolic.
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Gold as an investment?
It's been a while since WW2 and the cold war ended
All we remember is years and years of inflation.
Zoomers (you and me?) are unable to imagine
change we are facing.
Why would we put money in Gold instead of
the promised high lands of stocks, crypto, and tendies?
Gold's portfolio diversification (uncorrelated to stocks or anything else)
and rebalancing have been forgotten by boomers and ignored by zoomers
While most investors believe defensive assets
should be held to provide income on rainy days
history demonstrates that the true purpose to hold
defensive assets is to protect wealth throughout a rainy decade.
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