The Golden Ticket Against Inflation?

Everyone knows the VIX …

But what they may not know is that the VIX is NOT the only VIX …

There are VIX indexes for the Nasdaq-100 (NDX) … CBOE NASDAQ Volatility Index (VXN) and Nasdaq 100 Volatility Index (VOLQ). 

There are indexes for the Russell 2000 (RUT) and Dow Jones Industrial Average (DJIA) … CBOE Russell 2000 (RVX) and DJIA Volatility (VXD).

There are indexes for currency like the Euro … CBOE EuroCurrency Volatility Index (EVZ).

The VIX index for gold options is the CBOE Gold Volatility Index (GVZ).

One would think SPDR Gold Shares (Ticker: GLD) options would be going crazy with all the inflation talk …

Inflation speculation is all over the place.

Everyone assumes that gold is a good hedge against inflation …

Historically it has been a storage place for wealth for … well, basically as far back as human history goes.

One would think with the fear of inflation blowing up right now, options on GLD would be BLOWING up.

Take a look at the GVZ:

GVZ is sitting just off the lows it touched in May and April…

It appears it might head there again …

So what gives? Why is vol so cheap in GLD?

The answer lies in potentially two places?

  1.  Maybe crypto is the new gold … I mean, take a look at BTC and tell me its an inflation hedge … It is getting punched in the face!

Sure, over the last year, it is up a lot … but in the last month? Not so much.

If you are a believer in the crypto > gold theory you basically are saying BTC overshot the mark …

The other idea is that maybe there is not going to be the inflation explosion everyone expects?

What’s the answer?

I am not sure …

But here is what I do know …

As everyone continues to focus on inflation, gold may be lining up to make some big moves.

New regulations governing the sale and holding of gold derivatives go into place later this month. These regulations could have a HUGE impact on gold prices.

Meanwhile, gold volatility is cheap.

And if the feared inflation blowout does come to fruition? That could compound the situation, and could spell out “danger” for the U.S. Dollar.

The Option Pit Commodities Expert Bill Griffo has been working overtime researching all of this … digging up all the nitty gritty details, and watching all the pieces line up …

We’re convinced this is so important that everyone needs to know about it before it happens.

Bill’s going live tomorrow at 12 pm EST. Register to join him here.

Not only will he give you the scoop on the international plot to overthrow the dollar, and why gold could be ready to skyrocket starting June 28 …

He’s also providing three trade ideas that could help traders in the know actually profit off it all.

But you have to attend to get them.

Your Only Option,

Mark Sebastian

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