Taking Stock of Inflation Concerns
MRKT Matrix
00:00
The Price of Gold Is Going Down, Is It Going Down?
If gold would have worked the way I think it would work, there's potential for GLD to go nowhere and potentially go lower. If you want to be in gold, the way to play it is probably in that PHYS, which is a physical gold. The FXI has rallied about 50%. But if you look at that downtrend that we have here, I mean, we just got above that. From a technical standpoint, about the two-way and above that downtrend, it looks pretty good.
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