Simple Rough Calculation, page-18

...."That's what happened during the last crash and after the tech crash, people flocked to the us$ instead of gold, why would it be any different this time?"....

Hi Pete,

You are 100%... when the crashes comes, especially with the "all bubbles", not matter what stock it will crash too.
Physical gold will come down as well.. there is almost no asset class that do not get hit.
Then, the action to reaction starts.... as per history, gold rebounds after days, weeks and gold stocks may or may not follow it after....

If there is a massive crash Pete.... IMHO, CASH is king no matter what ... even thought OZ DOLLAR might crash as well, say to 0.60.... but, everything else will crash at the same time... it's history and cannot be denied.

It's a hard one.....I too like MOY but, I like PUTS more than all atm.....

GLTA

cheers

T10