My guess is you want to own gold against a consumable commodity, say oil for example. If we get a period of uncertainty headed into year end regarding the fiscal cliff, rising tax rates, etc in the US, my guess is we are in for a risk-off environment.
Being outright long gold against that backdrop is probably a tough trade, but pairing it with another commodity may make it a winner. My logic is that easy money is here to stay but risk aversion will likely dominate the last 6 weeks of 2012.
