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Bloomberg/Yakob Peterseil/6-22-2020
“Whether it’s a bearish portent of a sell-off to come or prudent hedging after a fierce stock rebound, traders are bolstering their defenses against an end to this vertiginous rally. Gold and longer-maturity bonds are getting outsized inflows. Protective equity options are outdrawing speculative contracts, while volatility markets are positioning for fresh disruptions.”
USAGOLD note: There are as many strategies on hedging a market mania as there are creative money men looking for an edge, but there is only one sure way and that is to put money outside of it – in gold and silver, two assets that do not simultaneously represent someone else’s liability.
