All That Glitters Isn't Gold

 

LM Live! Report for Thursday, November 19

 

Note: The staff here at Learning Markets will be at the Trader's Expo in Las Vegas this Friday. Have a great weekend and we will see you on Monday.

 

We continue to receive an ongoing stream of emails and questions from readers about a very interesting investment opportunity - gold. There isn't anything wrong with gold as an asset class but there is something wrong with some of the press and misconceptions about it.

Gold is clearly on a run. It has been outperforming just about every other asset class over the last few years and is hitting all time highs right now. This certainly makes it look attractive as an investment over the S&P 500 (.INX) or the Dow Jones Industrial Average (.DJI).

However, all trends eventually end and being aware of the possibility of a bubble makes the difference between a savvy investor and one who is willing to give up their portfolio during an major asset deflation.

In today's video I will illustrate what is going on with gold now and how gold may fit within a diversified portfolio. The trend has corrected before and the last 20 year lull in gold prices could be repeated. Investors should understand what this means and why it may affect them.

Learn more through the articles and videos listed below.

 - Building a diversified portfolio

- How to buy gold in a standard brokerage account


 

Preparing for Friday

 

Keep your eyes on the earnings announcements for the following companies:

 

- DR Horton (DHI)

- Ann Taylor (ANN)

 

Also keep your eyes on the following Economic Announcements:

 

 

Thursday's Charts & Tickers

 
 

 

S&P 500 (SPX)

 

EUR/USD Currency Pair

NYSE Bullish Percent Index is showing signs of bearishness for the stock market.

 

About the NYSE Bullish Percent Index


EUR/USD Currency Pair

Put/Call Ratio is showing signs of bearishness for the stock market.

 

About the Put/Call Ratio


Full List of Economic and Market Breadth Charts

 
 

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