I tend to agree. Gold has made a significant move up in a short amount of time. It is usually an early indicator before market downturns or crashes. The economy is propped up on false support. Manufacturing numbers are down big and car sales have declined significantly yr over yr since last year. Housing prices are inflated once again with a large number of 95% to value mortgages and a large amount of ARM loans. With $SPY currently sitting at record highs I would not be long right now. Too many catalysts and unknowns. Growth just isn't there. Good luck to everyone.
Maybe so. It does always seem like somebody knows things before everybody else. But I just looked and gold has gone up about 10% in the last month. The last time that happened was January 2016. A period of uncertainty, as stocks went down 10% in the preceding month. But after that came a 50% rise in the S&P over the next two years. There were some 8-15% upwards moves in gold spanning several months in 2017, when the S&P was quietly grinding higher. But during that time the dollar fell 12%.