Gold Has Put In A Tradable Bottom - Nick Santiago 3-1-21 #215
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Description
1. This morning, the major stock indexes are starting out with a strong upside rally. In fact, when the futures opened up on Sunday night they were strong. The financial ...
show more2. Nick doesn’t see 10 year dropping much now and sees them heading higher. There’s a lot more upside. Nick’s been in and out of that trade for a long time. Nick said last March that yields have bottomed when they hit .39. Now we hit 1.6. Ultimately, they’re going higher.
3. As Nick has been promising, gold hit low $1700’s meaning a tradable bottom is in place. We’ll be getting regular updatesGold/Silver small uptick in gold, GLD up and futures as well. GDX up a bit. Silver up as well. Nick is invested in the gold miners and paper gold. The big decline is in so the risk is lower. There’s always risk, but the odds are favorable now.
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Author | Kerry Lutz |
Organization | Kerry Lutz |
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