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This is quite the pickle: on the one hand, gold and silver have blasted to nosebleed levels, which makes me very uneasy about buying palladium, since I think it would get dragged down by any serious tumble in PM. On the other hand, viewed utterly by itself, PALL looks like an amazingly good bullish setup. Argh!
After months of waiting, I couldn’t take it anymore. I finally told THE TALE to my closest and dearest friend, who is sworn to secrecy. It’ll be years before I tell anyone else. Now he understands why META is such an important short to me, and why I think its AI efforts are heading for one of the most massive corporate embarrassments since New Coke.
It’s not fancy. It’s not AI. It isn’t crypto. It’s just a boring old bond fund. But I continue to profess my love of IEF, which is where I’ve dedicated a couple of my conservative portfolios. This is a beautiful saucer pattern, and I think many months of relatively steady price gains are ahead.
