Scott Bauer is “selling the rip” on gold, buying put spreads as the metal continues to hit all-time highs. He thinks it is an “opportune” time for a pullback, even a short-lived one, saying the trajectory is “not sustainable” without other catalysts. He sees opportunities in Treasuries, however. He also looks at bitcoin as it nears the $90K level, saying he is “absolutely not chasing it.”
Market On Close
21 Apr 2025
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