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Weekly Notebook Review | June 21, 2023

Hedgeye Podcasts

CHAPTER

The Oil Short and the Gold Volatility

Gold volatility is kind of doing exactly what you want to see. Coach has talked about this a couple times on the macro show and it's been great questions from folks out there in terms of the US dollar and gold correlation that continues to break down. The Thunder Bay bear is snoozing on spy short at the moment, that happened at a very nice time this morning. I think coach Keith really worked well in terms of risk managing kind of the short positions. And again, these little components, he's not shy of basically making that move and making that decision and that shift.

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