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SPDR S&P 500 ETF Message Board

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  • matthew_and_january matthew_and_january Oct 25, 2011 5:42 PM Flag

    Good Day For The Bears

    I'd be careful on that. GLD is effectively the same as long gold vs. short USD. If Europe implodes, USD will rocket on 'safe haven' flows, and gold will sell off in dollar terms. If you could find a way to go long gold and short Euro, or Yen, that would be safer...

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