>>21185194international diversification has never worked, it's just a drag on the US, but there's a first time for everything.
>take advantage of how inversely correlated they are, and say sell and buy during big crashes like what happened in 2008that's exactly the idea of the strategy
>gold is a bit of a memegold may actually be the perfect hedge for 3x leveraged stocks.
Take a look at this graph. yellow is the index. red is 3x the index plus 3x long term bonds. blue is 3x index plus bonds plus gold plus commodities.
I've made a spreadsheet with these portfolios simulated 1972-2020. The red portfolio beats the index by about 5% but its worst year is a 60% drawdown. The blue portfolio beats by like 1-3% and has 30% drawdown. Max drawdown for S&P is 37%
