
- What: Gold
- Play: Short gold (and any other precious metal). A commodity short is difficult to do with options. I have looked far and wide for an option chain on a gold ETF with little luck. There is a gold mining etf but this doesn't seem to have the bubble that the commodity does. I believe in this play strongly so I may have to short an equity here.
- Why: Completely overvalued. Subprime overreaction drove every baby boomer into the space. Poised to fall as things pick back up.
How can this last? http://www.bostonherald.com/business/general/view.bg?articleid=1089493
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