It’s Raining Gold — Time to Rebalance Your Portfolio!

What to do when Gold outperforms S&P 500?

If you have been following my soccer portfolio, and from the time I bought Gold (IAU), the price has appreciated drastically and most of which appreciated in the last month, which is obviously due to many factors, including but not limited to:

The geopolitical situation between Russia-Ukraine,

High inflation,

Commodities bull run, and

The expected increase in interest rates.

Gold (IAU) in the last year:

Gold (IAU) in the last month:

I am not sure whether the price will continue to increase further — but let’s look into the charts of IAU. Monthly charts of IAU reveal a beautiful cup & handle formation indicating a break-out to its all-time high price.

In the last two trading days, the price had hit the all-time high price and recessed back, and it is worth watching if the price…