While not unexpected, Putin’s shutdown of the Nord Stream 1 pipeline has brought Europe’s extreme dependence on Russian energy front and center.
With entire segments of the European economy shutting down, the dollar is rallying as a haven of last resort.
► And today we’re playing that by going short gold with an Exchange Traded Note (ETN) that goes by the ticker symbol DGZ.
For details on how to play it, subscribe to The Daily Pick right here.
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.