..I turn your attention to pg 24, in every single S&P500 bear market, Gold has, except one occasion in the 80s, outperformed the S&P500 on a relative basis.
..now ask Which Side of the Market Do you Want to Be?
..Bull? At this point when the Dow is at 40k? Yes, for short term trading/invest, yes but long term investors must be prepared for an eventual crash/train wreck once this final Melt-Up ends
...or Bear? In the short term, shorters are likely to get 'killed', shorting would be painful. IMO a better way to be on the side of the Bear is by being in Gold and Silver, now that both have made very encouraging technical moves and they can only benefit from both a Fed pivot and a recession, both likely in the not too distant future. Once again: a reminder that gold equities are equities during a correction.
