Time to Exit U.S. Stocks and Gold, Too!

I consider myself lucky to have not lost any money on recent long-side trades in U.S. stocks and gold-related investments.

While I still think the U.S. Federal Reserve will "pause" in its current rate hike path, there appears to be more damage to the banking system than I previously thought, and a crisis of confidence could soon derail the overall economy and stock prices with it.

It's time to exit all stock positions, including gold-related investments, at today's close (Monday, March 20th) in favor of a sideline stance.