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This Element is an excerpt from The ETF Trend Following Playbook: Profiting from Trends in Bull or Bear Markets with Exchange Traded Funds (ISBN: 9780137029013) by Tom Lydon. Available in print and digital formats.
Why you need to seriously consider investments in gold and oil, right now!
In the late 1990s, when people jumped into technology stocks, one of the most valued and safest investments—gold—got no respect. By 1999, central banks were dumping gold as fast as they could, heeding a noteworthy economist who called it a “barbaric relic.” That depression didn’t last long, though. Gold’s price has been rising strongly since 2001.