How David Lin ’s view on $GLD changed

You've presumably made a lot of money on gold and gold investments in the last year and a half given how far gold has run up. Would you take some profits and move it into something else?

Gold fits in my stock puppet category. It's highly correlated. The 100 day correlation with the S&P 500 reached almost such a multi-deade high recently.

Its volatility versus the S&P 500 is two times. That's hard the highest in 20 years. Could easily get back down to 3,000 before at some point it stays above 5,000.