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🤔 My Thoughts Yesterday we got a reprieve in the markets as the administration seemed to soften slightly on its trade war positions. But with more hawkish comments coming after hours… and hawkish responses from China we may be headed right back into the volatility roller coaster. Now even as the broader market behaves like a drunken toddler… There have been a few bright spots, including crypto and defense contractors. We’ve been covering those, and done nicely on some of those ideas… But the obvious winner of the last few months has been gold, as it has climbed to record-breaking prices, flirting with $3500 an ounce. But the really clever “gold trade” may not be gold at all. |
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