UPDATE ON HEDGES, REVIEWED DAILY AFTER THE ORIGINAL PUBLICATION DATE $VXX $GLD $GDX $SPY
This post was just published on ZYX Buy Change Alert. Those who do not hedge and are using cash as their defense may ignore this post but review their cash levels. For guidance please see the ‘What To Do Now’ section of the latest Morning Capsule. Consider short to medium- term hedges of 15% – 25% plus very short-term hedges of 15%. This is in addition to the SCO hedge. TO BE ABSOLUTELY CLEAR, THIS IS NOT A CALL ON THE MARKET DIRECTION BUT SIMPLY A PRUDENT PRACTICE TO PRESERVE AND BUILD WEALTH OVER THE LONG-TERM. HEDGES ARE LIKE AN INSURANCE POLICY AND USUALLY