Friday, November 2, 2007

LONG
North American stock indexes: 55%
Precious metals: 28%
Japanese/Asian equities: 9%
Long-dated bonds: 7%

SHORT
n/a

CASH
7%

Note: Positions as of Nov. 2, 2007. Numbers may exceed 100% due to leveraged trades or may not equal 100% due to rounding.

1 comment:

Anonymous said...

In the linked article, I recommend a portfolio quite different from yours, as I believe, as Richard Russell of the Dow Theory, that we have entered a primary bear market.

I recommend that one be 100% invested in the gold ETF GLD, with a small margin account available to start to sell the long governement bond ETF TLT soon, definitely when it falls below 92.6.

And, while some suggest that the precious metal stocks provide more leverage than gold, and should be kept or invested in, I believe that they should be sold soon as I see them detaching from the price of gold as they did in August, and falling with the rest of the stock market.