A big article talks about how gold became more valuable than before and broke its old record from 2011. Many things tried to stop it, but they couldn't. Now, people in Asia are buying a lot of gold, which makes the price go up even more. The writer thinks that gold will be worth even more money soon because it has already broken through an important level. Read from source...

- The author seems to have a strong bias towards gold as an investment, which may influence his interpretation of the events and market trends. He repeatedly emphasizes gold's role as a store of value and safe haven, while downplaying or ignoring potential drawbacks or risks associated with gold investments.
- The author uses emotive language and exaggeration to make his points, such as "obscene size and vulgarity" for money printing, "fledgling start-up chills" for the Shanghai Gold Exchange, and "savagely beaten back" for gold's rejection at $2,153. These expressions convey a sense of drama and urgency, but may not accurately reflect the actual state of affairs in the gold market.
- The author also seems to have a selective memory or a narrow focus when it comes to evaluating the significance of certain events or trends affecting the gold market. He mentions several factors that could have potentially affected gold's price, such as pandemics, bank failures, and Russian insurgence in Ukraine, but fails to acknowledge how these same factors may continue to pose challenges or uncertainties for the future performance of gold. For example, he does not discuss how the ongoing COVID-19 crisis could impact demand for gold as a safe haven asset, or how geopolitical tensions between major powers could influence the price of gold in the long term.

Based on the article "A Watershed Moment for Gold", I would recommend the following investment strategies:

1. Long gold positions: Since gold has broken through its 2011 highs and is now considered a safe haven and store of value, it is likely to continue rising in price as demand from Asia increases and global bankers cannot refute its role. This could lead to gains of up to $200 per ounce within the next month, as suggested by the point-and-figure diagram.
2. Short positions on stocks or assets that are negatively affected by gold's rise: As gold becomes more valuable, other investments that compete with it for resources or are sensitive to economic downturns may decline in value. For example, one could short mining companies, commodities like oil and copper, or even the stock market as a whole.
3. Diversify into alternative stores of value: While gold is a traditional store of value, there may be other assets that offer similar benefits but with different risks and rewards. For example, one could consider investing in cryptocurrencies like Bitcoin or other precious metals such as silver or platinum.
4. Hedge with options contracts: To reduce the risk of losing money from gold's fluctuations, one could buy put options on gold ETFs or futures contracts. This would allow them to profit if gold declines in price while still benefiting from its upside potential.