Actionable analysis from one of the most legendary traders in history.
A week ago I suggested to my readers that it was time to take profits in gold at $3880. Since I issued my recommendation to exit our long position and take profits, gold has continued to rally, pushing up towards $4050 per ounce. I have held this position for two
September 30, 2025 Thoughts on the Market This report outlines the rationale behind my decision to fully liquidate my gold positions and strategically reallocate a portion of the risk into bearish U.S. dollar structures, with a particular focus on the Japanese yen. It is still very, very early with
Special Edition: Thoughts on the Market September 22, 2025 This Special Edition is a deep dive into the Mar-A-Lago Accord. If you haven’t heard of it, you owe it to yourself to get educated. I have written for many months about the mounting crisis of our nation’s federal
Thoughts on the Market September 14, 2025 Cognitive dissonance occurs when individuals hold two or more conflicting beliefs, values, or attitudes and is especially perplexing when their actions contradict their understanding. In investing, this often manifests as the refusal to adjust portfolios or outlooks, even when evidence suggests they should.
Thoughts on the Market September 3, 2025 A Global Rebalancing Toward Gold I have been warning my readers for years that gold was going to explode higher, and I have advised them to hold onto a substantial core amount of this precious metal. Periodically, I have issued shorter-term buy recommendations
