The stock market is overvalued many companies trading at very high PE ratios. The stock market almost went straight up from 2010-2017 in a weak economy, and it cannot continue much longer before investors stop buying overpriced stocks. Gold also almost went straight down from almost $2000 an ounce over the past 7 years till now. I believe it was used as a hedge against the other. The dollar is also too strong in my opinion for economic growth. How can we profit off of a reversal?
I'm looking to discuss ways to make money on the dollar falling and gold going up and stock market falling. What are your best pure play stocks or ETF's we can make money from?
Right now my best play has been NUGT it is a 3x bull, I have managed to make a 300% profit from it's run from $9.50 to $13.00 last week. I would like to find other good ones to play gold, I am not a fan of playing gold miners so much but gold as a commodity. I only know slow moving ones like PHYS. I am a fan of ETF's and 3x bulls or bears, lets discuss the best ETF's and stocks to play against the dollar, gold and stock market in general.
Submitted February 08, 2017 at 10:10PM by livenow222 http://ift.tt/2k5stCN
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