Hard Down from Here on Stocks
This morning in our most aggressive accounts, we have sold our gold position and moved the money into triple leveraged SQQQ short NDX 100 stock ETF. The reasoning is that GOLD so far in the move appears to be more based on FED free money than PANIC.
Diversified account remain in the Macro trade, short stocks and Oil, long Gold and Bonds. which is up 2.8 % (no leverage) based on June 5 start date