2019 Pain Trade. Short Gold
Updated
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in any sort of furether correction in the equyity markets because the yield in that asset class is mugh higher than in Gold . Along with that, Bond makret will again come to shine and mark its short term era.
Although, I am going against the consensus, but, if I am wrong, I will loose small but if right, then the payout is huge.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in any sort of furether correction in the equyity markets because the yield in that asset class is mugh higher than in Gold . Along with that, Bond makret will again come to shine and mark its short term era.
Although, I am going against the consensus, but, if I am wrong, I will loose small but if right, then the payout is huge.
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