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eik

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Alias Born 10/24/2005

eik

Re: None

Friday, 01/01/2010 9:35:22 PM

Friday, January 01, 2010 9:35:22 PM

Post# of 5803
Shorting the Economic Recovery

"We've had a nine-month rally. We think it's a false rally. Some sentiment levels have returned to the extremes of optimism of 2007. We are essentially doing a long-short strategy — long physical gold, short the Standard & Poor's 500. At the 1980 peak, the ratio of the gold price to the S&P was about six times; at the low in 2000, it got down to 0.2; today it is at about one. We can go to two, three, four times."

Full article: http://www.smartmoney.com/Investing/Economy/Shorting-the-Economic-Recovery/

Short SPY/ Long GLD ?

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