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Gold and Dow are both at all-time highs: What history says

Gold and Dow are both at all-time highs: What history says

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Nationally listed stock picker for 30 years. Quant Sort pioneer at Victory Formation and Bottom Fishing Club. Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was editor and publisher of the Maverick Investor® newsletter in the 1990s, which was frequently quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among the nation’s top investment advisors for stock market and commodity macro views by Timer Digest® during the 1990s. Mr. Franke took first place in the Motley Fool® CAPS stock selection competition from over 60,000 portfolios in parts of 2008 and 2009. Mr. Franke was Director of Research at Quantemonics Investing® from 2010 to 2013 and managed multiple model portfolios on the mirror platform Covestor.com (including the least volatile, lowest beta, fully invested equity portfolio on the site). In September 2024, he was ranked among the top 3% of bloggers by TipRanks® for his 12-month stock picking performance based on suggestions from the last decade. Supply and demand imbalances, signaled by specific stock price and volume movements, are a crucial part of this winning formula. Mr. Franke suggests that investors use stop losses of 10% or 20% in individual decisions and a diversified approach with at least 50 well-positioned favorites to consistently outperform the stock market. Bottom Fishing Club articles focus on high-value candidates, or stocks that are experiencing a significant reversal in technical momentum to the upside. The “Volume Breakout Report” articles discuss positive trend changes supported by strong price and volume trading action.

Analyst Disclosure: I/we have an advantageous long position in GLD and IAU shares, either through equity ownership, options or other derivatives. I wrote this article myself and it expresses my own opinion. I receive no compensation for this (except from Seeking Alpha). I have no business relationship with any company whose shares are mentioned in this article.

I regularly trade precious metals assets and currently own a large number of gold/silver/platinum ETFs and mining companies. This letter is for educational and informational purposes only. Any opinions expressed here do not constitute investment recommendations and are not intended as a basis for investment decisions. The author does not act as an investment advisor and is not a registered investment advisor. The author recommends investors consult a qualified investment advisor before making any trades. Any forecasts, market prospects or estimates contained herein are forward-looking statements that are based on certain assumptions and should not be construed as an indication of actual events. This article is not an investment research report but rather a point in time opinion piece. The author’s opinions expressed here relate only to a small cross-section of the data relating to an investment in the securities mentioned. Any analysis presented is based on incomplete information and is limited in scope and accuracy. The information and data in this article have been obtained from sources believed to be reliable, but are not guaranteed to be accurate or complete. The author expressly disclaims any liability for errors and omissions in the Service or for the use or interpretation by others of the information contained herein. All opinions, estimates and conclusions are based on the author’s best judgment at the time of publication and are subject to change without notice. The author undertakes no obligation to correct, update or revise the information in this document or to otherwise provide additional material. Past performance is no guarantee of future returns.

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