We love watching this chart because it is very accurate but does not trade alot. We are currently following this trade set up both in an account and on paper.
Oct 1 2018: Buy $10,000 worth of XAU or roughly 8.3 oz
March 25 2020: Sell those 8.3 oz (now worth $13,494) for DIA @ $214.x or 63.2 shares
Today March 10, 2021: Those 63.2 shares of DIA are...
What "global recovery"??... Are "they" serious? - Of course not. But it is entertaining, that much is true.
Going long Game Stop makes a great deal more sense than owning US equities - or any other, for that matter.
(At least a case can be made for he former .)
... and here is one (among many!), reasonably reliable Risk...
... thus, one may need to resort to this ...
Corollary to the above (Safe Havens)
Although this is a FLAT (minor Long) here, for now. - But only briefly!
... and since this is telling you that Gold is...
Using a Bollinger Band %B moving average I've illustrated that Gold appears to be breaking out against the DOW. There hasn't been a momentum shift like like this since before the previous major gold rally against the DOW, as illustrated by the yellow trendlines on the %B moving average. I used a custom moving average crossover script to colorize the bars.
This shows the Quotient of the Dow Index versus Ounces of Precious Metals
Gold, Silver, Platin, Palladium
Ir shows whether metals are cheap or expensive compared to the Dow Index.
Low values mean: buy that metal, since it is cheap compared to
High values mean: sell that metal, since it is expensive compared to stocks
This is the game that the rich and wealthy...