I'm hedging with puts on large miners and GDX. Long small juniors and explorers. Here are the top-10 holdings in GDX. I don't know which miner could fall the most.
In general, I see a lot of bullishness in the stock market and metals, but aside from gold itself and some of the small caps, everything is at lower highs including the FANGs. I remain long-term bullish on gold and miners, but it seems like the time to exit everything was 3 weeks ago. The island reversal on $SPX is intact.
Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate
Headlines
-
Malaysia’s prime minister is hoping to persuade some patriotic tycoons to
open a casino in Johor to revive an ill-fated Country Garden project, with
that...
No comments:
Post a Comment