"I have resigned from the professional undertaking of coin flipping.
I am not here to tell you where gold's going to be. I have no idea.
That's my existentialism. I am a student of uncertainty, I have no idea
where the stock market is going to be. So when I am creating trades
in my portfolio for my clients, I am agnostic. I just want to enhance
the probability that I make money come what may."
COMMENTS: He does not care where Gold or SP500 will be next week or next year.
But you can bet he does care were the Gold ratio to SP500 (GLD::SPY readtheticker.com
ratio format) will be in the months ahead. Hugh didn't make clear, after all
the price must go up for Hugh to profit.
NOTE: GLD divided by SPY assumes a 1 to 1 value relationship.
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