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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.34+0.2%Nov 3 4:00 PM EST
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To: cycleupcycledown who wrote (90730)3/17/2017 5:30:21 AM
From: GROUND ZERO™2 Recommendations

Recommended By
Hawkmoon
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OR why not just short the dollar??? I suppose both could work, but maybe not... frankly, my hunch is if gold is going to rise due to a weaker dollar, then why not simply short the dollar itself since the weaker dollar would be the primary driving force behind prompting gold to rally... a rising gold market would only earn a secondary benefit from the weaker dollar and therefore could also be subject to other forces that may impede gold's actual move while still allowing the dollar itself to continue lower... so, if the weaker dollar is the primary driving force, then it seems that shorting the dollar would be the stronger and cleaner trade than buying gold... just wondering... something to ponder... your thoughts??? TIA

I did just that over that past few days, I shorted the dollar and also bought gold... the short dollar position is currently outperforming the long gold position... that could always change but my hunch is that the short dollar position will continue to outperform the long gold position... this kind of foot race is always fun to observe...

Oh, I just took this selfie of myself pondering my question, thought I'd share it here... hmmm...



GZ
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