A much bigger shoe drops? Not trying to be an alarmist but if a little shoe like Dubai could cause such havoc, what would happen if a much larger shoe were to hit the ground? Spike in the U.S. dollar? Big drop in commodities? Is there a way to protect for this, just in case?
Be long Yen and U.S. dollars? Have some puts in commodities that are highly leveraged? Have cash handy for shorting the market? All of the above?
Still long gold junior gold miners but have raised considerable cash lately for a (buying or shorting opportunity).
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