Connect with us

Hi, what are you looking for?

GreenLightTrades.comGreenLightTrades.com

Investing News

Bert Dohmen: Gold, Silver Key as Stock Market Bull Trap Looms

Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out.

‘We said we’re probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It’s going to be by a small amount a new high, and that’s going to close the bull trap,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Investing News

Rare earth metal production was on the rise again in 2023, jumping to 350,000 metric tons (MT) worldwide — that’s up significantly from 190,000...

World News

New Jersey Lt. Gov. Sheila Oliver died Tuesday, her family announced. She was 71. “She was not only a distinguished public servant but also...

Stock News

SPX Monitoring Purposes: Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%. Gain since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX...

Investing News

International Graphite Limited (ASX: IG6) is delighted to announce it has received an additional $6.5 million grant from the Western Australian Government to establish...