As Gold Prices Sputter, Our Expert Tells Us What Happens Next

Following a bullish wave elsewhere… [TradeSmith Daily]( As Gold Prices Sputter, Our Expert Tells Us What Happens Next Like the wise father who welcomes his “prodigal son” home with open arms, gold always welcomes investors in search of a safe-haven asset during times of uncertainty. Times like now… I’m talking about hedge fund barons — looking down on the New York skyline – as they ponder the millions or even billions of dollars they must protect… Or the mom-and-pop investors looking to safeguard the money they worked for 40 years or more to save for their “Golden Years.” And the Millennials and Generation Z, who have heard the tales how the Great Financial Crisis of 2008… or even the inflation-ridden 1970s made paper wealth disappear. RECOMMENDED LINK [Our A.I. predicts the future price of TSLA, NVDA, and AAPL]( TradeSmith, one of the world’s most cutting-edge financial tech companies, just launched a breakthrough, new A.I. algorithm called An-E... and showed many of its past predictions and just how accurate they were (often precise to within a tenth of a percent). The company also showed what An-E's predictions were for three of the most widely held stocks on the market one-month into the future. [You can see what those predictions are by going here](. [The No. 1 AI-powered stock of the decade]( No, it’s NOT ChatGPT... (It’s not Microsoft, Google, NVIDIA, or any of the other big players you’ve likely heard about either!) It’s a tiny sub-$5 stock! [Don’t miss this free presentation](. All these folks — and others — have been flocking to gold, the hard asset also known as the “yellow metal.” This newfound investor appreciation has also magnified another “appreciation” — price appreciation. From its lazy doldrums down around $1,557 per ounce near the end of 2019, gold surged 33% — hitting an all-time high of $2,082 back on May 5. Inflation, corporate job cuts, a hawkish Fed, military flintiness around the globe, earnings fears, whipsawing stock prices… and more… have supercharged uncertainty and feelings of helplessness. Those same investors — big and small — have searched for certainty, solidity, and value. And they found it in gold. But in the chart below, you can see that, since May, gold prices have reversed course and have dipped back toward the $1,900 level: And that triggers two important questions: - Is gold still a worthwhile defensive play? - What are folks buying instead of gold? Wade Hansen, TradeSmith’s in-house expert on market signals and income-generation, has answers for both questions. Because if the last three years have taught us anything, sticking with what’s worked in recent weeks, months, or the past year can have the opposite effect of your intended goal: Instead of putting you out in front… you can end up getting left behind. And with good cause: When it comes to stocks, the financial markets, or investing in general, it’s not the past that matters. It’s what comes next. And in the next four minutes, Wade will show you what comes next. Note: This insight first appeared in Constant Cash Flow. If you would like to learn more about how you can receive income-generating trades every day of the year — plus this type of intel — you can [click here](. Enjoy your Thursday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Request Customer Service](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]