The recent slide in the price of gold has damaged the returns of the QLD/IAU model to the point that it is down 3.6% year-to-date.
Below is the equity curve for the HXU/XSB model. Fortunately, the model has been out of the stock market since June 23. Although the CAGR isn't near as high as it is for the QLD/TIP model, the HXU/XSB model is the best performing this year with a year-to-date return of 13.4%.
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