Selling-When-They're-Yelling Risks Elevated in Gold - Imagine 4Q with S&P 500 60-day volatility recovering slightly from its lowest in five years alongside some profit-taking in gold from its greatest premium vs. the 40-month moving average since 1981. What I've been mostly wrong about for around two years -- US T-Bonds -- may be setting up as the next big trade. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t3g6qdgpl3zn{BI COMD} #gold #stockmarket #bonds @BBGIntelligence(Mike McGlone)