Trade IdeaFreeTrade of the WeekThu October 17, 2024Gold Fades in the Heat of a Bull Market: A Contrarian OpportunityGold has reached all-time highs recently. We believe its appeal is waning as the current bull market heats up. Gold doesn’t pay dividends or grow earnings, and with inflation under control and a strengthening dollar, we see a strong case for shorting it. As the market grows on skepticism and moves toward optimism, we expect investors to shift from Gold to more lucrative assets. This trend, combined with favorable economic conditions, presents a prime opportunity to capitalize on Gold’s potential decline.