Macro trade of the century: Long gold in CNY; short global equities.

Sharing is Caring!

via @TaviCosta:

Long gold in CNY; short global equities. Remarkable how well this trade performed in all Chinese and global economic downturns of the last 40 years. In-depth analysis follows below:

 

See also  Future Trouble in Macro? Liquidity Traps and a Slowing Global Credit Impulse
See also  Stalling Signs? Taking a Look Under the Hood of US Equities

 

 

881 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.