top of page

Brexit, Gold, Systemic Market Risk & You

Originally published June 22, 2016


  • The threat of a Brexit and its trigger of an EC breakup has helped boost gold back to 2014 levels.

  • I began an experiment in 2014 with gold trading around the $1200 levels, a point believed by many to be the long term "all in cost to produce".

  • My experiment is to hold gold for the safety until a macro disaster (financial meltdown, regional Mideast or China war, etc.) where money traditionally flees to gold, then self-liquidate.

  • Success to date has been good, providing about an 8% income yield while holding GLD. Today, I review results and present new covered option writings on GLD for income.

0 views0 comments
Post: Blog2 Post
bottom of page