October MACRO Forecast - LONG GLD, XRT - SHORT HG, KBE, QQQ, SPY

If you're long GLD over the next 3-6 months or until it hits a new ceiling of $1600, why not be short Banks with KBE. If you're long GLD, then why not be long Retail and defensives such as Boeing. And if you go long defensives, you might as well short the S&P and QQQ for the duration of those 3 months.