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home / news releases / sentiment speaks why did gold go boom


GLDI - Sentiment Speaks: Why Did Gold Go Boom?

2024-04-08 11:00:00 ET

Summary

  • Many market participants follow the wrong drivers when it comes to the gold market, and have been surprised by this rally.
  • Market sentiment had us preparing for this rally, and we have been appropriately positioned for it as well.
  • I am still expecting the gold market to rally to $2,400+ over the coming year or so.

I have to be honest that the metals complex is my favorite segment of the market to trade, especially when it is rallying. In fact, my first public articles were mostly focused on this complex....

For further details see:

Sentiment Speaks: Why Did Gold Go Boom?
Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

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