Gold Will Replace Both TLT and Big Tech as New Safe Haven

We showed you the statistics this week that when gold's managed money net long position in the futures+options market becomes negative, gold achieves a median forward one-year gain of 19.73%.

That sounds a lot better than T-Bills earning 5% or long-term U.S. treasuries that could lose 50% of their market value within 2-3 years of buying them like TLT.

That sounds a lot better than AAPL trading at an enterprise value of 7.481X revenue despite revenue down by -1.40% year-over-year.

That sounds a lot better than NVDA trading at an enterprise value of 35.29X revenue, which is relying on fake demand from CoreWeave and Tether for its "growth". How many of their GPUs are actually being used in real life and not stored in a closet? NVDA is down today by the most in a month!

That sounds a lot better than buying into a Real Estate market where a flood of supply from failing Airbnb superhosts could suddenly hit the market at any time causing prices to collapse!

Gold is the only place left to invest!

Unfortunately, gold mines are being depleted and global gold production is rapidly declining!