No I don't short gold, it's very risky, but I have owned gold stocks in the past as gold made its way north. Penny dreadfuls, some of them don't even exist anymore. I wouldn't buy physical gold but I would buy stocks. http://www.marketwatch.com/story/an-open-letter-to-investors-who-are-bullish-on-gold-2015-07-23 Gold would have to flatten out for a long period of time, gold isn't money, it's a speculative instrument, the bubble hasn't deflated yet IMO, it's got a long way to go. As I've often said I think gold will bottom out around $600.