With Gold (GLD) reaching all-time highs once more this week more traders are placing money into anything at all valuable metal related but I am right here to caution you on performing so. There are far much better possibilities than gold right now and chasing this trend is not the formula for producing quick-term growth. We have traded GLD contact possibilities 8 occasions this year (7 lucrative) in the ETF TRADR portfolio but now it’s time to step away. Of course, what form of ‘tradr’ would I be if I failed to supply a greater option.

First off, it would be really hard to discover a prolonged-term chart far more robust and persistent than the Gold chart – it is nothing brief of remarkable (and at the identical time scary for the future of the dollar). That stated, even as Gold has created new highs in recent days there is a much better spot to concentrate your trading capital. The semiconductor industry has lifted off in recent days and I expect it to continue. Here’s the efficiency chart in between the headline-producing Gold (GLD) rally and the Semiconductor ETF (SMH).

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