Why Tom thinks gold is about to 🚀

    A historical breakout is on the horizon Hey gang! Everyone's favorite Money Morning LIVE moderator Boom here. Let's talk about GOLD. I'll admit it - I'm the furthest thing from a "gold bug." I prefer to day trade stock and options a la Kenny "The Warlock" Glick. But considering all the macro factors affecting the market, it's hard not to pay attention to the precious metal that's long been considered a safe haven during times of inflation and a hedge against potential market downside. Paying attention to what Money Morning LIVE Chief Economist Garrett {NAME} has to say about the markets and economy has definitely opened my eyes up to the massive potential lurking in gold. Then Tom Gentile confirmed it. You see, Garrett recently talked about the political theater unfolding in Washington, D.C. - specifically as it pertains to the impending debt ceiling crisis. [You can read more about that particular topic right here.]( The crux of Garrett's argument is that once the debt limit is raised, the U.S. Treasury will issue new debt. Which will put pressure on markets, gold, and silver. While at the same time, around the globe, the U.S. dollar is losing its footing as the dominant currency. This is called "de-dollarization." While gold and the dollar don't have a direct inverse correlation, generally, when the value of the dollar increases relative to other currencies worldwide, the price of gold tends to fall in U.S. dollar terms. Conversely, as the value of the U.S. dollar moves lower - which is beginning to happen right now - gold tends to move higher. [Tom Gentile just talked about exactly this relationship yesterday during his $5K Gold Breakout Event.]( In fact, he shared with me this chart that illustrates the price relationship between gold and the dollar.     As you can see on the chart, the relationship between gold and the dollar isn't exactly inverse. But recently, the gap between gold and the dollar has been growing. And gold is close to all-time highs. After being considered "dead" for nearly 10 "easy-money" years, gold is knocking on the door of a major breakout. Tom Gentile has just made an incredibly BOLD prediction for the precious commodity - that gold prices could soar as high as $5,000 in the next six months. In fact, Tom has already put close to $1.6 million of his own money on the line betting on exactly this kind of outsized move to the upside. And the thing is? It's not like he just went out and bought a bunch of gold bars that he buried in his backyard. He has an even better way to play gold's comeback story. You know what? I'll let the man explain for himself - he can do it way better than I ever could. [You've got to see exactly how Tom thinks gold can reach up to $5,000 an ounce - and how you can follow his lead on this impending historical run.]( Boom 💥 Editor, Trading Today     You are receiving this e-mail at {EMAIL}, as part of your subscription to Trading Today. To remove your email from this list: [unsubscribe here](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Trading Today | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Morning LIVE. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Morning LIVE. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](