best way to short gold

eurusdzn · Jun 18, 2015

Is there a more direct play on cause than gold?
It's strange stuff sometimes.

xandman · Jun 18, 2015

GLD has a 360 day HV of 15%, the IV is currently at 12%. Your going to need some leverage to get a meaningful move.

Unless you have a ton of excess trading capital in cash, either options or the futures contract, GC.

jonny1lot · Jun 19, 2015

Trader13 said:
You would expect gold options to have a positive vol skew, but the skew is not consistently skewed one way or another. It just depends on sentiment at any point in time.

The relative volatility (realized) of the miners vs gold depends on which trading instrument you are using for gold. If you're using the ETF, then the miners are usually more volatile (at least recently). Of course, if you're trading gold futures which are highly leveraged, then they will be more volatile than the miners equities.

Interesting...good stuff

billyjoerob · Jul 9, 2015

clacy said:
If you think gold will crash medium term, you may wait until next week in case Greece does blow up. It sounds like the odds of a bank run n Greece is fairly high.

If that happens there would likely be at least a temporary pop in gold.

You might get a much better price in a week or two. At least save some room to average, in case it does pop up.

greece is blowing up and gold is not moving. I don't see how anyone could be long gold at this point with metals and oil collapsing and dollar appreciating and China demand collapsing.

billyjoerob · Jul 9, 2015

Jim Rogers:

"Gold has not had a 50 percent correction in many, many years. That is unusual because most things have 50 percent corrections every 3, 4 or 5 years. It is just the way markets work. But Gold has not."

clacy · Jul 9, 2015

billyjoerob said:
greece is blowing up and gold is not moving. I don't see how anyone could be long gold at this point with metals and oil collapsing and dollar appreciating and China demand collapsing.

I totally agree. Gold is not even attempting to act as insurance any longer.

billyjoerob · Jul 11, 2015

lotta interest in gold despite very narrow range this month. silver bullion sold out. lotta people buying silver and gold at the same time the pros are selling. we are on the cusp of a legendary collapse in gold.

https://www.google.com/trends/explore#q=gold&geo=US

hajimow · Jul 19, 2015

what is the story behind Gold future dropping almost 3%

i960 · Jul 20, 2015

Yo dawg, I hear you like trading gold....

http://www.zerohedge.com/news/2015-...lash-crash-following-27-billion-notional-dump

billyjoerob · Jul 20, 2015

the gold bulls have been saying on their many websites that retail demand for gold and silver bullion is off the charts. the US mint has said that it ran out of silver bullion in July. dailyfx reports that their traders have never been this long gold. my twitter feed has two non-traders calling the bottom in gold. the yahoo boards are full of people calling the bottom. so there are a lot of people on the other side of this trade *and they're not very sophisticated.*