Analyst: Why you should think about shorting gold…

From Ben Morris, Editor, DailyWealth Trader:

In the coming months and years, I expect gold prices to rise.

But soon, possibly by later this week, I suggest you consider shorting gold– placing a bet that its price will fall.

It may sound irrational to short gold if you think it will rise. So let me explain…

I think the price of gold will rise in U.S. dollars and in other currencies around the world. But I don’t think gold will rise relative to platinum…

Platinum is a precious metal, like gold. It’s used in jewelry, and in bullion coins and bars, as a store of wealth. But unlike gold, platinum is also widely used as an industrial metal. One of its main uses is in catalytic converters, which scrub pollutants out of car exhaust.

Because of their similarities, platinum and gold will often rise and fall at the same time. But because…



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