Yoyo
Don't buy a yoyo. Just watch the POG. It used to be a hedge but now it is a fiscal toy.
Never buy gold on a day like yesterday where it went up over USD$1750 per oz. Pick the day when it crumbles below $1700 per oz and then wait for a day like yesterday. Hence, on Monday, how can I not collect alpha? I am laden with gold stocks...
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