Gold bull alive, AI winners should take profits (with Jeremy Saffron)

The gold bull market is not broken, it's just breathing. Central banks are the key buyer that never left. Investors should invest alongside central banks. For AI and semiconductor winners, remember it's only a paper gain until you sell. He is not a momentum trader and enjoys taking profits.

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Rosenberg Research 8.0
Investment Research Firm
David Rosenberg 8.5

Gold bull alive, AI winners should take profits (with Jeremy Saffron)

metals

I think the bull is still alive

ndx

Warning that AI/semiconductor gains are only paper gains until sold, and he is not a momentum trader, suggesting caution or profit-taking.

Jeremy Saffron

David Rosenberg says the bull market isn't broken, it's just breathing. I asked if the bull market was over after the selloff, and he doesn't even blink.
David Rosenberg

No, I think the bull is still alive. Nothing goes in a straight line.
Jeremy Saffron

His tell for why the floor under gold is solid is the buyer that never left.
David Rosenberg

What else has changed with gold? Nothing. This had to do with central banks. You either invest along the central banks or you don't. I choose to. Until that changes, the bull continues. Central banks ended the 20-year bear market back in 1999.
Jeremy Saffron

He also had warnings aimed at the other side of the trade: the AI winners everyone piled back into this week.
David Rosenberg

For anybody sitting on these winners in the semiconductor and AI space, remember it's only a paper gain until you sell. I am not a momentum trader. I have never been scared to take profits. That's when you make your money.

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