Gold, the Dollar, Stock Market, & the Money Show

During one of my two speaking sessions at the Money Show in Orlando, Florida, on February 8, 2017, we had a question from the audience, asking us to weigh in on the issue of gold versus the dollar. Readers and followers of financial press may have observed reports that we took up our position in GDX, the gold-mining ETF, on December 27, 2016 (initial 3%), and again on January 3, 2017 (to 4%), and January 9, 2017 (to 5%). It was fully rebalanced again to model weight on January 19, 2017, at 5%. We now hold an overweight position.