Gold rally is just getting started
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Gold has been hitting one new high after another, soundly outperforming even a
strong stock market.
This has led many investors to wonder…
Is gold overvalued?
Does the gold rally still have room to run?
Well, take a look at the answer below.
That’s a chart from Bank of America showing the fund managers – aka the “smart
money” in charge of billions upon billions of dollars – allocations to gold.
The results are startling.
39% of them have ZERO allocation to gold.
That’s right – zero. Nada. Zilch.
The average allocation across all fund managers? A meager 2.4%.
In other words…
There’s still a torrent of “smart money” waiting to pour into gold.
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This so-called “extended” gold rally?
It’s just getting started.
But the smartest move right now isn’t to just buy gold bullions or a gold ETF…
It’s to position yourself in the #1 gold play for Trump’s second term.
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All the best,
The Traders Agency Team
There is a very high degree of risk involved in trading.
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