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Actionable Intelligence Alert with John Polomny

Actionable Intelligence Alert with John Polomny

Business:Investing

Who knew? Gold stocks now outperforming S&P and Nasdaq for the year. AIA Weekly Review 8.31.24

Who knew? Gold stocks now outperforming S&P and Nasdaq for the year. AIA Weekly Review 8.31.24

2024-08-31
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I saw a chart on "X" that shows the GDX (gold stocks) outperforming the Nasdaq and S&P through the end of August. Investors are starting to allocate some funds to gold-stock ETFs. As the FED embarks on its rate-cutting cycle, are we likely to see higher gold prices and, consequently, higher gold-stock prices? China's nuclear power industry is now surpassing the US.

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