Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

2nd Quarter | 2021

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

Gold prices resumed their upward trend last week, breaking above the 50-day moving average. Gold closed the week at $1,888.90 per ounce (see the following chart).

At the same time, the U.S. dollar continued its precipitous decline, closing below 90 on the U.S. Dollar Index (see the following chart).

These two trains are going in opposite directions for the same reason: the anticipated increase in inflation that is coming down the tracks. There may still be time to hop on the gold train and ride it to higher prices and profits in the coming year.

Rick Andrews is president of Avant Capital Management.



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