Dissecting the GLD to ETH Trade

Life Happens Fast

Got many questions about why on seemingly a dime, and in a single day, I decided to sell all my GLD, and move the entire amount into ETH, and ETH Derivative Plays.

Questions are summarized as follows:

1. Why ETH and not BTC?

2. Why Sell GLD if you think it is going to double in 1 year, why not commit fresh capital to ETH and hold them both?

3. Why now?

I will try to …