http://www.321gold.com/editorials/saxena/saxena111811.html

Regarding gold, he says,

"Given the prevailing uncertainty and the history of sharp price declines during recessions, we are currently out of this asset."

Maybe he put the proceeds 1/2 each in Treasuries and Greek Drachma futures.

By the way, I love the phrase "we are currently out of this asset."

Strike