Thoughts Of A Private Investor: Ultralong Gold, Short Banks

Friday, May 7, 2010

Ultralong Gold, Short Banks

I took two speculative short term positions. One is 2x leveraged bet on gold price and the other is 1x short on STOXX 600 Bank index. I have entertained these positions for quite some time and have missed probably the best gains. Let's see.

I have now also fairly large cash position is US dollars and Swedish Krona.

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