The Fed is poised to slash interest rates for the first time since 2019
Get ready for a wild ride – because history shows us that the dollar is about to take a serious hit.
You see, lower interest rates tend to weaken a currency. And with most economists and traders now convinced that we’re entering a “good” rate cutting cycle (meaning the economy avoids a recession), there will be even more pressure on the dollar.
But there’s a silver lining in all this:
Knowing what’s coming gives you a chance to get positioned for big gains – by taking advantage of one of the oldest “safe haven” trades in the history of finance: GOLD
Gold has been viewed as a safe haven for centuries. When investors start panicking about the collapse of currencies or a major economic crisis, they tend to turn to gold – because unlike fiat money, gold is a REAL asset, and its value can not be easily manipulated by governments.
Savvy investors are already seeing the writing on the wall. As Louis Navellier of InvestorPlace points out in his latest article, “The Ongoing Stealth Rally That No One’s Talking About,” gold just hit a new all-time high this week at $2,550 an ounce, up over 20% year-to-date, beating the performance of the S&P 500 by a significant margin.
Click here to read Louis Navellier’s article.
And it’s about to get even better. Because as the dollar weakens, gold should strengthen even more.
US Gold Fund (GLD)
Chris Johnson of Money Morning, an expert technical analyst, has identified a bullish breakout developing in the US Gold Fund (GLD). In his article, “Jerome Powell's Safety Trade Keeps Getting Better,” he explains that the GLD is about to cross a critical technical threshold at $235, which should set off a powerful move that could push gold prices to $275 an ounce in the next few months:
“The current rally setup is ready to drive GLD prices through $250 to a $275 target price over the next 3-6 months.”
Click here to read Chris Johnson’s article.
You can BUY shares of the GLD right now to take advantage of this move. For a more aggressive play, Chris suggests looking at the March 21st, 2025, $240 call options, which have the potential to deliver gains of over 284%!
Don’t wait for the dollar to collapse. Get positioned for the coming gold bull market NOW!
P.S. Don’t forget to check back tomorrow, when I’ll reveal the #1 Trading Secret Corporate Insiders Are Using to Make Millions (and you can too!).