McCullough Buying Gold?

11/04/13 10:25AM EST

I bought Gold for the first time in a year on Friday.

The immediate-term TRADE correlation between the US Dollar and Gold is -0.78, so I shorted the Dollar for the first time in over a year too.

Shame on Ben Bernanke. Shame on the Fed's no tapering policy. It should slow growth back to 2% from 2.5% first, then we can decide what happens from there (on the margin that matters).

Click to enlarge.

McCullough Buying Gold? - drake

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.