If you’re a trader, you don’t need to pretend to understand the underlying.
Money flow is the only thing that moves markets. Everything else is just noise.
We pride ourselves on always adjusting our thesis to new data and never being dogmatic in our approach.
In the case of cryptocurrencies, it’s been made out that gold and Bitcoin are sworn enemies.
Bitcoin is the “better store of value,” they argue.
This black-and-white mentality does considerably more harm than good to investors.
If you’re a trader, your only job is to follow money flow, not to assert your views on the market.
We bring this up because, when it comes to gold, there are early but constructive signs developing, with the shiny metal beginning to work its way out of an 18-month downtrend.
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