3min chapter

Investing With IBD cover image

Ep. 208 John Kosar: What To Do When Money Can't Find A Home

Investing With IBD

CHAPTER

The Strength of Gold Bullion

Gold was one of our ideas from around thanksgiving to the beginning of february and then what we noticed is the acid flows going into gld started to dry up. What really caught my eyes the past couple of days those acid flows in gld really spiked up so it's not only people buying an intraday or people making kind of via a jerky move just to buy something that isn't going down. People are taking that overnight risk staying in gold that tells me that this move off the 200-day moving average could have legs i think it's going to have more legs if we fall through these support levels obviously in the rustle 2000.

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