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What Happens When You Don’t Flinch?

July 24, 2023  |  Steven Place
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You know how it works in the movies.

The lead thug fakes a punch, but the good guy doesn’t flinch.

Because he has an edge over the bad guys, and the fight always ends like this:

Tom Cruise movie scene

Tom Cruise movie scene

It’s the same with building wealth in this economy.

The market will always fake punches, but when you know where prices are headed…

You can silence the noise and focus on what really puts money in your pocket.

For example, consecutive interest rate hikes from the Federal Reserve kept most investors on the sidelines because they assumed commodity prices would stay low.

But the numbers tell a different story.

Crude bottomed in March of this year, well ahead of all the extra rate hikes.

Crude oil chart

Crude oil chart

And gold is trading near the upper end of its 3-year range.

Gold chart

Gold chart

As such, the few who stayed in the trenches (and structured their positions to leverage price movements to the upside) made good money as market conditions improved.

But that was during the first and second quarters of the year.

Go here for details on how to leverage new opportunities in Q3 & Q4.

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Steven Place
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