My very long term analysis on GLD. Putting in my thoughts. I believe GLS is an indicator of Macro Volatility instead of a store of value or a hedge against inflation. I believe it reflects a basket that counter weights the Dollar.
Just a screen to show how in-consequential the great depression looks as per todays market, and how much the markets have grown from then.
With the tech decay started already, the next will be bio-tech. In the long term it pays to be long biotech, but in the short term there is a valuable trade to be made here.