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Major Categories:
- Stocks 13.8%
- Physical Commodities 41.4%
- Cash 44.8%
Stocks include:
- a very small position in CHFHF
(China Foods Ltd) $0.53
- a very small position in SA
(Seabridge Gold Inc) $21.35
- a mid-sized position in SLW
(Silver Wheaton Corp) $13.53
- a mid-sized position in SSRI
(Silver Standard Resources Inc.) $27.64
- a mid-sized position in SU
(Suncor Energy Inc.) $123.68
- a small position in VGZ
(Vista Gold) $3.58
- a very small position in
AUY
(Yamana Gold) $14.45
Physical commodities include:
- 22.4% in physical silver $16.58
- 6.6% in physical gold $874.7
- a full position in oil and gas production properties
Cash is in:
- US dollars 33.6% (money market)
- Australian dollars (FXA) 2.7%
- Yen (FXY) 3.7%
- Swiss Franc (FXF) 2.3%
- Chinese Renminbi bank deposit 2.5%
Size definitions:
- very small = less than 1%
- small = 1% - 2.5%
- mid-sized = 2.5% - 5%
- full = 5% - 10% (except for physical silver)
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Current Suggestions:
For those following the
permanent portfolio plan only:
- Invest 100% of your portfolio in
PRPFX
(Permanent Portfolio Fund), OR
- Invest 100% of your portfolio in your own
hand-picked assets, following the same allocation (16% in growth stocks,
17% in real estate & natural resource stocks,
20% gold, 5% silver, 20% treasury bills (slightly
better than cash), 22% long term treasury bonds)
For those following the
permanent & variable portfolio plans:
- Invest in a permanent portfolio (like PRPFX)
the portion of your portfolio you have decided on based on your risk profile.
- Hold the variable remainder in cash and wait
recommendations from Richard Maybury or me (see
below), then buy them. (Ignore my allocations
on the left side and just focus on the suggestions on the right side.)
It is your decision how much to invest, and whether to buy all at one time or accumulate it over time.
- Then grit your teeth and wait for the next
recommendations. Hold any investment purchased until Maybury or I say to sell
it or until you need it for something else.
For those following
Jay's portfolio plan:
- Follow what I am doing to the extent you are comfortable with it, using the letters, the above portfolio, and the following guidance.
- I consider this a good time to dollar cost average into physical gold and silver up to your target positions.
- I consider
SA
(Seabridge Gold Inc), SLW
(Silver Wheaton Corp), SSRI
(Silver Standard Resources Inc.), VGZ
(Vista Gold), and
AUY
(Yamana Gold) all suitable for accumulation currently … slowly. The sizes of my positions are shown
on the left.
- For greater conservatism and lower risk, you may accumulate
USERX
(U. S. Global Gold and Precious Metals Fund)
instead of individual mining shares.
- For those wishing to diversify some of their US dollar cash, I consider
FXA
(Currency Shares Australian), FXF
(Currency Shares Swiss Franc) and FXY
(Currency Shares Japanese Yen) suitable now.
Basis for these plans:
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