Why I'm buying gold for the first time since the election
But the setup has strengthened, and I'm buying what I like to call "the most expensive doorstop" in the world for the first time since the 2016 U.S. presidential election. The catalyst for the break in gold prices was this strength in the greenback, highlighted by the dollar's bullish "golden cross" when its 50-day moving average crossed over its 200-day moving average earlier this month.