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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (80161)9/23/2011 1:12:16 PM
From: KyrosL  Read Replies (2) of 217769
 
So everybody is bearish and loves gold.

Last couple of days I increased portfolio stocks from 2% to 17%.

Portfolio is now:

Stocks 17% -- AMAT CIM DOW FSC GLW GE MHR MSFT STX SVU T WHR CTEL TEF TOT

Bonds 17% -- Muni CEFs: AFB MFL NEA NXR NZF PIA Pfd stk: GSTPRA

Cash & cash equivalents tips: 58% -- mm funds, CDs, ibonds, TIPS, muni cef pfds, GLDPRB

Gold & Palladium -- 8%

I bought CTEL, the Hong Kong internet provider. Do you have an opinion?

PS. I bought all the gold and palladium in the portfolio between 2001 and 2005 strictly as an insurance policy. In 2005 it was around 4% of the portfolio. It has now grown to 8% because the rest of the portfolio did not grow as fast as gold. Since my current gold/PM allocation is sufficient as insurance, I have no intention to add or subtract from it. It has remained unchanged for the last 6 years.
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