Regular readers and Premium subscribers would have been following the performance of our monthly gold model which exited Longs at the end of January and has been out of the market ever since.
This is a monthly signal to BUY or EXIT the gold market and it’s driven by two monetary indicators and two technical indicators, with most of the heavy lifting done by the monetary fundamentals.
So far notional performance has been pretty reasonable:
We have just run the latest numbers and very soon we shall be publishing our results along with the model’s positioning for September.
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