Hi Joan, I am favoring CAD because it does not have an empire like the US, it is close to the empire unlike Australia, and its small population can only waste so little money unlike most important currencies;0)
I am up 18+% on NAV aggregate, 27+% on currencies plus equity positions, and am now at:
Cash 38.5% of gross assets (0.7% Euro, -4.6% USD, 4.2% AUD, 6.2% HKD, 25.3% CAN, 6.3% Japanese Yen) [The HKD is waiting to re-purchase recently sold paper gold] after eventual but inevitable correction]
Physical/paper Precious metals 7.7%
Bonds 12.9% (12.2% USD, 0.7% Euro)
Rental Real Estate 20.4%
Equity 20.6%: comprised mostly of energy, energy royalty, mining, gold, platinum, oil tankers, and such 'defensive' but speculative issues, but 646 basis points is in one stock that had gone cancerous and grown to AUD 0.85/shr from AUD 0.065/shr in the past 11 months Subject 53628 :0)
Chugs, Jay |
