Shorting the S&P500 and defending with long on Gold and Silver


I am thinking about a strategy of shorting shorting the S&P500 while being long on Gold and Silver.

I am thinking about this for the following reasons:

a) in case the FED will start lowering rates before the end of 2023 (as the market is anticipating). In this case I suppose the stocks will rise and I will lose from the shorting the index. But in the same scenario, I think that the commodities such as gold and silver, and probably bitcoin will rise even more, so that's why I am planning to be long on them.

b) if FED does not lower the rates, I will have gains on shorts, and maybe will not lose so much on the commodities because maybe the commodities will not come down so much due to the persistent inflation and the lost hope in the fiat currencies.

Do you folks think this is okay strategy or I am tripping?


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