Would love to hear a flash update on current state of the treasury market. Getting concerned w/ TLT - wondering if I should pull out entirely or wait for a better exit.

Raoul, Julian, Harry, Firstly thank you for your updates, extremely helpful as always. For reference I am a newbie to this space and am trying to learn as fast as I can. I feel most of us are looking forward and asking questions about when to exit the HYG and SPX puts. I can see the call by Raoul of 20-30% down that could still be in play as of his Expert View video, also the 2000 SPX level. - One question is what should we be looking for to sell our positions and should we incrementally sell at certain points (this seems sensible to me)? Trying to keep emotion out of the frame here. Following this, I know Raoul discusses the dollar boom coming and the effects of government intervention on gold over the summer. - What are your thoughts on the best ways to take advantage of the upside play of Gold & Silver and how do you feel about the G/S ratio play also? Miners are on my mind as they can be geared positively, NG (I liked Thomas Keplan approach long term) and FVN (Royalties) are my thoughts. Then I wonder about leveraged ETFs such as JNUG (junior leveraged miners etf that has been hit hard), Calls and Futures. Harry I noticed you said you prefer Futures to ETFs for example. - How much should we be looking to spread ourselves vs concentrating cash on a few investments? Essentially what is the best way to play the next move into gold etc? Of course I intend to wait for Raoul and Julian's thoughts. I just want to get ahead of the game with putting together my own thoughts and ensuring I understand the types of plays that might be ahead so I can get my head in the books and be ready for recommendations. Many Thanks All, Matt RV is a game changer can't thank you enough.

Hugely appreciate all this - sold remainder of gold this morning before the downturn later. Great stuff. Had some difficulties with iShares IBTM (UK equivalent of IEF - quoted prices 10% lower than I sold for! ). Eventually sold at correct price. Really appreciate advice regarding futures vs ETF. Thanks again!

Hello Raoul. Any view on the “ FED TO ANNOUNCE COMMERCIAL PAPER PURCHASES PROGRAM TOMORROW - BofA” and impact on corporate credit trade (HYG)? thx

Guys, I never traded options before. Any practical guides out there I can use to start?

Hey, thanks for all the content. I was wondering if it would be possible to have an RV Pro forum - where we could all crowd source to bounce ideas off of each other - rather than trying to do this in the comments section of each video. Thanks for everything you all do!

Hi, New subscriber here. Where can I find these roadmaps Raoul is talking about? Trying to find my way around here. Very exciting and great info!

Hi Raoul, I have just signed over to RV pro today, I am wondering how you recommend playing the S&P500 short from today? Idea on a put? Cheers, Dean

Oh, and what do you folks do with your cash at IB ? I am thinking buying short term treasuries, just in case IB would turn into an MF Global and all cash vanishes (or some of its sub-custodian vanishes). Any better options?

Hi Raoul, should we get out of our short positions on risky assets before the FOMC meeting (march 17/18)? Hypothetically they might attempt something big to boost market confidence.

This is (another) one to bookmark! The phases you outline here will provide very good guidance. I am starting to worry somewhat about having cash in banks, but I believe that elsewhere you also said you felt this was not so much a banking crisis - in the sense of banks going under. Any views on having cash in banks ? I am sure others are asking the same question judging from some of the comments in the comments sections here and there. Stay safe and take care as well.

Could you please comment on the impact of $1T repo facility on our short positions?

Would you keep SPY short and HYG short through next week? I'm thinking a market shutdown, or some kind of announcement will cause a face ripping rally.

Joined the party late... Is it too late for HYG shorts and selling off AUDs for UUP? Or best to hold out till things settle?

I can see Central Banks moving the global system over to a digital currency as this crisis unfolds, but I struggle to envision them embracing Bitcoin. They will want to enhance their powers, not give them away, which means a digital currency that they can issue and control. Bitcoin is the very opposite.

Would you guys advise to be out of Treasury Money Markets in a worst case scenario? Anyone can give me their thoughts?

What do you think will happen to the HKD when the Chinese devalue their currency as the USD spike breaks them?

HV is super high due to Friday's rally. HV-5, -8, -20, -30. Spot VIX goes from 70s to 50s Friday, MarchVX elevated but doesn't matter since expiry is coming up, but watch AprilVX. TVIX will be 100% AprilVX on 3/18. So if spot VIX goes 70s to 50s to 30s. It's lower but VIX 30 "is still high," and with backwardation in vix futures this backwardated, imagine if AprilVX follows suit with Spot VIX and AprilVX drops similarly spot. TVIX would automatically lose a shed load of value. Goes along Raoul's mention of volatility and getting-out-of-risk positions. Stay safe everyone.

Raoul, good to be finally onboard with pro sub. Thanks for all you do. I'm long GDXJ and GLD - expiring a ways out (Dec and Jan respectively); GLD is still a profitable one but I've given back and then some on GDXJ. Would you wait it through to the 'other side' or bail? Cheers.

forgot to include the link https://uk.reuters.com/article/uk-health-coronavirus-fed-idUKKBN211184

hi Raoul …. I have physical gold and I think you do as well … what is a wise move to do ? buy the dip ? at what levels ? any hedges ? many thanks

Do you have a level you are looking to add to the Bitcoin trade? Do you think we double bottom on the lows of 2018?

Raoul, If you were 30 and locked into a corporate 401k plan, how would you allocate right now? I’m able to link 95% of my assets to a brokerage account through Fidelity, so I have much more access than the standard target date funds, etc. I’m primarily in cash right now (is FDRXX best place for this?), but a small % in GLD, GBTC, and TLT - although I’m weary of ETF’s.

Hi Raoul Thinking of taken a ”put” on oil, in your view what would be a good strike price and contract duration at this point? thank you in advance

Really appreciate the flash updates and guidance . My subscription/membership has paid for itself many many times over. I've been through dotcom and GFC busts , so I've seen this movie before but even with all that experience I didn't have a guide like I do this time . Thanks Raoul/Julian and all the team behind the scenes. Small area for improvement - sometimes I'm not receiving email about the updates - not that big a deal since I'm checking for updates regularly anyway :)

Thanks Raol, Your calls have been spot on. Did not hear you mention status of HYG short and timeframe for holding it. Would appreciate your thoughts.

I've never touched FX market in my life, therefore I have to ask this question for educational purposes since these trades are coming. Basically since I don't have lots of money, just selling one currency against another won't provide enough reward. Hence, what are the typical ways to express one's thesis about EUR/USD in terms of options?

This is great as always end everything guys. One question, which platform/ broker do you suggest for trading puts and everything diff from FX? London or Italy based depends on convenience. Been trading FX for 4 years on and what to try this too. Appreciate

Thank you Raoul. In a time when I was in transition from a corporate marketing career of 20+ years to my passion as a full time trader and macro apprentice :) you appeared. What a blessed. All my family is deeply grateful for your education and changing people's life. I have found my way and strategic framework as an options trader (selling premium for income) and macro trader for wealth. HUGE THANKS FOR ALL THE TRADE RECOS. YOU HAVE NO IDEA $$$$$$$$$. I have also saved my parents retirement. Yes!!!

Raoul. just a follow up to my tweet to you. Ofcourse I'm not holding you to an exact timeline, but when you say this volatility ends by april and a pause then, are you referring to the equity down move? So then the markets temp bottom by then. ( 2min30 in your piece). but then the dollar shoots higher and then markets go down again? Apologies if this is too confusing

With a short position on HYG and your comment of liquidating all positions early April, do you include the HYG trade or hold till the credit markets collapse?

Would like to get your thoughts on oil here. Thanks

Thank you Raoul! You saved my retirement! I TOOK the boldest step of my life! The education you gave me since my enrolment(fall 2018) and paved me to the action liquidating my equity positions before this crash!

Anyone have a target Price on the Dow and S&P by April?

These updates are great, please keep doing them!

Hey raoul, I guess we are expecting ricardian equivalence with the fed meeting next week as it affects our positioning particularly in $ trades? Short aud/usd on the table? 20 year head and shoulders and aus recession imminent. Amazing work...insane you called this since nov 2018

Dear Raoul, Many thanks for your update. Sitting on handsome 'paper' profits on gold positions. If I understood you correctly, I should realise all or part of my profits, looking to buy back in at lower prices. All the best, and regards, Roy.

Hey Raoul, I put a June straddle on my precious metal positions. It has worked out so far but wondering if you think it be wise to roll out of that or just carry on.. afraid that the the implied volatility will make the insurance too expensive to get back in come June. Thanks so much for your thoughts and the updates!

thx again for the updates.. extremely helpful, especially right now

RSI on the ED trade is at 90. Do you recommend closing or wait for the next rate cut?

Hi Raoul, thanks this is very helpful. Do you think they could close the markets for a longer period of time if the fear keeps increasing, and if that were the case what would be your advice to manage that risk?

Re FX trades on non deliverable ccies (MXN, KRW), how can we easily execute as mere retail humans? Re Gold, the gold/silver ratio is now above 100. Has anyone got a view on the [4*QI-GC] May spread ? Re our shorts, in 2008 i was risk managing and basically selling all the hedge fund shares I could, similarly with mutual funds due to portfolio insurance mechanism (at play now, per Chris Cole). So I can't recall but we've just had the worst SX5E day on record, few more weeks of that, really? I recall Raoul writing 4 very difficult weeks ahead and thinking to myself, wow 4 weeks is long. Sorry for the qualitative comment, my trading conflicts with my emotions, I'm looking for an anchor different than technical analysis. Thanks for TLT vs futures, I suspect bond futs was the way to implement neatly between late jan and late feb as well... please Raoul, without being an exactist, we love to know what your favourite way to express a trade is. Thanks, and thanks again.

Fantastic Raoul thank you. Short but profound, will need to re-listen several times. re. USD vs G10... we're getting a shot across the bow right now!

Thank you for the update, Raoul. Really appreciate your time and effort. This couldn't come at better time, was just thinking about the bond position, some confusing moves out there.

Thanks Raoul, much appreciated!

Thanks Raoul, much appreciated

Gracias Raoul for the super-timely insight. Even six minutes of your time is invaluable right now. Sincerely appreciated!

Very grateful for your frequent updates, Raoul. Your perspective is virtually priceless.

Raoul, these ongoing updates proving invaluable. Appreciate you staying true to providing regular insights during this wild and busy time for you. You are a hero in my book!