Actually I have plenty of gold holdings (ASA, GOLD, ABX, PDG--and silver: PAAS).
Not long ago one could buy CEF, the Canadian bullion depository fund, at 10% discount. Gold and silver on the sale table. But I noticed that the stock, GOLD, seemed to have a lot more potential to rise.
Roughly speaking, I am 40% short techs and dot.coms, 40% in oil and natural gas, 10% in gold, and 10% in euros.
CORRECTION: CEF was at more than 12% discount end of last week:
cefa.com
Very un-American, I am afraid. But only because of the terrible economic mismanagement and wild speculation than underlie our seeming prosperity. |
