BUY GLD @ $178.35

Buying GLD @ $178.35

Adding 5%

10% position

With Powell and Mnuchin testifying before Congress about the need for MORE stimulus, telling stories about NOT creating/fostering asset bubbles, and burning the US dollar at the stake it makes sense to buy a permanent asset that they can't ruin...GOLD!

I'm buying here a bit higher than where I started the position, but it was in the $180s yesterday and could approach $190 in short order.