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They’ve since added silver coins, too.
With everything going on in the precious metals market, I thought it was important to highlight something I’ve been thinking about over the past few days.
The gold market has changed…
The character Ron Swanson in Parks and Recreation once said: “One thing I promised myself, when I buried gold in my backyard, was that I’d never be a hoarder or a miser about it.”
And that’s kind of the “old school” attitude about gold.
Store it up for a rainy day. Don’t touch it. Don’t look at it. Just horde gold and add to your horde over time as needed.
But that’s not the way gold is anymore.
Gold is a tradable asset, with short-term, fast-moving opportunities abounding.
Our traders have been all over it all year long.
Everyone’s heard of Geof Smith’s Perfect Gold Trade by now. Since he kicked that off in March, he’s 9-3 on published trade alerts and has pulled in some winners like 61%, 102%, and even 110% in trades that usually last a few weeks or less.
And Nate has been pretty consistent on gold too. Here he is calling a move up to $2,700 a few weeks ago (we didn’t quite hit it, but we got a lot closer than his Pirates did to the playoffs 😬)
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