I exited 100% gold in early March and went to a 100% double inverse, and my portolio moved steadily downward, reaching its trough in late May, down 11%.
Today (i.e., in one day), my portfolio increased 4%. From my exit in early March to close of market today, I’m down 6%.
Just two more days like today — and we have plenty coming, soon, I think — and I’m back at my starting point, plus change.
VIX is up big time today, too.
Burn, baby, burn!
P.S. — Mad Monk, sorry about your dollar short fund. You are on the right side of the fence on that one, it goes without saying.
