Global expert sees a golden opportunity

"After reaching a 27-year high in March, gold corrected 17%; after a two-month base-building period, gold has broken out and resumed its uptrend," notes Nick Vardy.

In his Global Bull Market Alert, the international investing expert states, ""It's now a golden time to consider the SPDR Gold Shares ETF (NYSE: GLD) as a solid, short-term trade even while global stock markets struggle."

"Gold has historically performed strongest during times of global uncertainty and high-investor pessimism. As a rule of thumb, the worse the headlines, the higher the price of gold.

"In addition, inflation is back in the headlines. Six out of the world's top 10 economies now are suffering from inflation in the double-digit levels. As gold is investors' #1 hedge against inflation and store of value, rising inflation is always bullish for the yellow metal.

"The continued weakness of the U.S.