I’ve done an update to my ideas page. (members click here). Once again, this week’s write-up includes specific equity, ETN, and ETF commentary. I include this to show what specifically I am looking at on a risk/reward basis as well as idea generation that can then be applied to your own investments and risk analysis. Here’s a sample from today’s update:
Gold was then $1050. Today gold is at $1250 even after the 3rd rate hike. The strong dollar crowd is still way to crowded and investors should be watching REAL yields, not nominal. The 5 yr REAL yield is at -.16 bps vs +.43% when the Fed first hiked rates back in December 2015. The gold idea can be played via PHYS, SLV and the miner etf GDX. As for the individual miners, I like GG and NGD in particular. See my comments below on oil and oil stocks which I included under the ‘commodity’ section.
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