A cash-based, risk-managed strategy that shifts into gold/ inflation hedges when inflation/rates risk rises, and into leveraged tech bets when signals look favorable, using risk metrics to guard against big losses.

- Start with cash equal weighting among the main options. - If SPY’s 50-day max drawdown exceeds 8%, shift to a defensive stance and pick one top gold/inflation hedge asset (IAU, FNV, or RINF) based on a short-term volatility filter. - If the defensive branch is not triggered, the system still considers reducing losses by pairing dollar exposure (UUP) with gold when risk is high, aiming to keep overall risk low. - If market signals are favorable (risk is not high), allocate to a high-growth, levered bet on technology/semiconductors (TQQQ, UPRO, TECL, SOXL) by selecting the top candidate via a volatility/return filter and weighting it heavily (about 85% of its sub-pool). - The strategy uses a small set of lookbacks (e.g., 10, 17, 45, 50, 252 days) to compute max drawdown and standard deviation, which inform the branch you land in and the asset you pick. - Rebalancing is minimal (rebalance corridor width 0.06, with rebalance set to none), so decisions swing on the signal rather than on a fixed calendar.

Out-of-sample annualized return ~40.6% vs SPY ~20.4%. A cash-based strategy that hedges inflation risk with gold assets, then leverages tech bets when signals align. Higher upside with risk guards, but drawdowns can be large in stress.