MaseratiGent
Member
- Messages
- 162
Well thats me and Masergent as two bears. Every good story needs a third. Hope your family situation has improved.
Do you mind if I ask if you hold gold?
It's something I want to hold, yes. But unless levered the returns aren't too good. My concern with shorting equities is that central banks now openly go out to support the stock market (that is now their barometer of action). So, CB money printing, QE 5, is a risk to P&L from the downside. Of course it doesn't fix anything - it just further perpetuates unearned inequity (through asset inflation) and populism/long term political instability. Gold is the protection against that. HOWEVER, you have FX risk (which is usually the biggest determinant of returns) and ETF unwind risk - so how do you go long gold, levered, without an ETF?