hello pezz, update report
(i) just tallying today, in between mid-morning reflexology session (9:00-11:00) and afternoon music accompanied deep nap (1:30-3:30). i am marked-to-market on equity, cash, and gold, and marked to cost on real estate, and at:
Cash @ 7.3%
- CAD 6.3%
- CHF 0.5%
- Euro 0.1%
- RMB 0.1%
- ZAR 0.1%
- HKD minus 6.8%
- USD 7.2%
Gold/Platinum @ 33.8% (25/25/50 - more or less physical/physical/paper) - i treat/think of the 50% share in gold certificates as as-good-as-or-better-than cash)
Bonds @ 2.6%
Rental real estate @ 41.5% (30 industrial, 70 residential)
Equity 14.8%
- energy (23.6% of 14.8)
- GDX, PAAS, AEM (34.4%)
- private equity (teeth, dental, 1.1%)
- Other (40.9%)
no debt, yet.
I compared notes with my most respected investor, and he be at, i quote:
30% gold stocks (60-70% of which medium/short term trading positions)
25% physical (mostly gold, some silver), incl. numismatic coins
15% govt. bonds (in Euro/ChF/Eastern European currencies)
10% Japanese shares (via two funds)
10% hedge fund (emerging market long/short equities & credit)
5% biotech shares
5% cash (euro/USD)
i occasionally change weightings, depending on what happens. trade options as well. (my best trade in 2008 was in VIX calls incidentally)
(ii) i am working out a new schema to engage with mr wastrel obama's stimulus to pass the time, and i am confident the solution will allow me to reach deep into some fiscal goodness and engage with monetary nirvana, and help mr wastrel obama to fulfill his declared mission ;0)
as we post, china clean energy factories are gearing up with tools, jigs, fixtures, and ordering bits and pieces and parts, and dutch trade bank is spinning up l/c facilities, and astute american middlemen outfits enabled by contact networks are negotiating with otherwise idle workers to make all-out conquest on the plenty stimulated markets, distributors by sector, locale by geography.
our proposition is simple, either enthusiatically engage with the new sovereign and illumination, or get used to despair in darkness.
the ashore party will make no allowances for prisoners, for there will be no prisoners; just with us or against us.
we aim to be first ashore, fully certified, D-day like, and then fan out, to be present in enough homes and too many institutions, to illuminate the future. we aim to go weapons free simultaneously in usa as well as latam.
i am giddy with excitement, for the initiative is at once socially relevant, historically proper, economically sound, and very extremely naughty, for the defenders will not even get a chance to scream, never mind defend.
cheers, tj |
