Silver Demand vs Gold Demand
I recently talked with Jim Goddard at HoweStreet radio about gold, silver, miners, the dollar, among other things. Many markets are at major turning points and its critical that investors understand where we are in the major market cycles.
Just think of this for a minute. While most of us have active trading accounts, what is even more important are our long-term investment and retirement accounts. Why? Because they are, in most cases, our largest store of wealth other than our home.
If our retirement accounts are not protected during the next bear market which one will happen eventually, you could lose 25-50% or more of your net worth. The good news is we can preserve and even grow our long term capital when things get ugly and uncertain like they are now. I will show you how and one of the best trades is one your financial advisor will never let you do because they do not make money from the trade/position.
Listen to this conversation for more details.
As a technical analyst and trader since 1997, I have been through a few bull/bear market cycles in stocks and commodities. I believe I have a good pulse on the market and timing key turning points for investing and short-term swing traders. 2020 is an incredible year for traders and investors. Don’t miss all the incredible trends and trade setups.
Subscribers of my ETF Swing Trading Newsletter had our trading accounts close at a new high watermark. We not only exited the equities market as it started to roll over in February, but we profited from the sell-off in a very controlled way with TLT bonds for a 20% gain. This week we closed out SPY ETF trade taking advantage of this bounce and entered a new trade with our account is at another all-time high value.
If you have any type of retirement account and are looking for signals when to own equities, bonds, or cash, be sure to become a member of my Long-Term Investing Signals which we issued a new signal for subscribers.
Ride my coattails as I navigate these financial markets and build wealth while others watch most of their retirement funds drop 35-65% during the next financial crisis.
Chris Vermeulen
Chief Market Strategies
Founder of Technical Traders Ltd.