MarcusWilliamson

Long Gold Short Oil

GLD/OIL  
GLD/OIL  
Gold             has a historic relevance as being a price appreciator in times of volatility , geopolitical risk and economic uncertainty.

Current day presents a plethora of risks both economic and political; from emerging market credit risk through to south china sea politics.

Oil             , like Gold             has benefitted from a fall in the USD which has lead to some price recovery, however this does not change the fundamental facts that there is still chronic oversupply.

Long Gold             for economic risk hedge, Short Oil             for for USD revaluation protection and further oversupply issues.
Sounds about right to me !!! although gold is long on the long run for months to come, Oil is short on the next weeks or couple of months.
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