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Re: TexasRambler post# 47988

Tuesday, 02/16/2016 8:21:35 AM

Tuesday, February 16, 2016 8:21:35 AM

Post# of 63744
Unlike last August, gold has become a fear trade. See the relation to the VIX below. GS maintain their view of rising U.S. rates and hence lower gold prices. It all depends on whether you buy into systemic fears or not. Personally as I said last week I wish Banro would employ partial hedging to take advantage of spikes in the gold price.

http://edge.alluremedia.com.au/uploads/businessinsider/2016/02/socGen-vix-gold-and-oil.jpg

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