Now Could Be the Perfect Time To Buy Gold

ETF Trends2022-08-05

Gold’s “bizarre” era may be nearing a close, according to Mad Money host Jim Cramer.“The charts, as interpreted by the legendary Larry Williams, suggest that the general public’s giving up on gold en ...

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Comments

Hayz
2022-08-05
Hayz
Nickel or lithium seems better....
JY1980
2022-08-05
JY1980
Hi
Lamborghini1
2022-08-05
Lamborghini1
👍
Le66ad
2022-08-05
Le66ad
👍🏻
Home22
2022-08-05
Home22
🚀🚀🚀
Tbun
2022-08-05
Tbun
Ok

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May 2019, of course, predated the last major gold rally.Traditionally, when small speculators get too bullish on gold, it’s a sign the yellow metal is about to peak. When they get too bearish, that tends to be a sign the gold has hit a bottom and is about to rally. Kramer doesn’t think investors should always do the opposite of what small speculators are doing, “That would be too glib, but [Williams] points out that in the last nine years, whenever their net long position in gold has been this low, the actual metal has rallied. And the best-selling points all came at moments when they had large long positions.”The Inflation Shoe Is Finally Close to DroppingGold is considered a “second half” inflation player, meaning it tends to perform well once inflation has settled in. The current era of gold has been marked by lackluster performance despite some conditions favoring the yellow metal. 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