GLD is short-term mixed; a future bid is anticipated following a Japanese currency reset.
He framed it in months
“Stocks Look Fine—But the Market Just Turned Red”
Cash Flow Machine | Mark Yegge | Wealth ArchitectPublished Sep 11 · 1 passage
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Uh gold is back up over the 50. It's under the 200. It's got some work to do to get up this 429, but it's gold and we're in an inflationary environment. There's this all this stuff going on with Japan and um I think there's going to be a reset to the to the currency soon.
Don't know when. Uh probably after the midterms and uh and gold I think will catch a bid at that point or we you know, we'll see. Uh but right now the action is a little bit short-term constructive and a and shorter term a little bit weak on gold.
Uh but the the nice thing is there hasn't been a huge amount of selling on high volume.
Watchpoints
Japanese currency reset occurring
What this channel has said about $GLD
Cash Flow Machine | Mark Yegge | Wealth Architect has only this one call on this stock.
2026-09-11This one
Uh gold is back up over the 50. It's under the 200. It's got some work to do to get up this 429, but it's gold and we're in an inflationary environment. There's this all this stuff going on with Japan and um I think there's going to be a reset to the to the currency soon. Don't know when. Uh probably after the midterms and uh and gold I think will catch a bid at that point or we you know, we'll see. Uh but right now the action is a little bit short-term constructive and a and shorter term a little bit weak on gold. Uh but the the nice thing is there hasn't been a huge amount of selling on high volume.