March 8, 2021

Let’s Talk About Stimulus, Tesla, Gold & Commodities

Midas Letter
Midas Letter
Let’s Talk About Stimulus, Tesla, Gold & Commodities

The $1,400 stimulus checks are probably the most popular part of the $1.9 trillion coronavirus relief package that has just been passed.

Will this cause an injection into stock market prices or have a “buy-the-rumor, sell-the news” effect?

The price of Tesla Inc stock (NASDAQ: TSLA) has crashed more than 15% this year.

Do investors in the electric car leader need to panic, or is this healthy consolidation from an overly stimulated stock price?

When inside inflationary periods, traditionally, you would expect gold prices to follow. Gold is usually seen as a hedge against inflation after all…

So, why is gold not responding as other commodities are flying?

All of these questions and more will be answered in today’s Roundtable video. Enjoy and happy trading!

Related Articles


Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.