Monday, January 28, 2008

A little gold, short financials, and prepare for inflation

I haven’t blogged lately as I haven’t had any good ideas, maintain my same investment thesis, and am lazy. The only thing I’ve added is a gold trust etf. It has moved up nicely. All it does is own gold bars-a pure play on price appreciation.Inflation is coming and this is a diversification to some inflation oriented bond plays.

I haven’t added to any long positions in equities as I think we will go lower in spite of the Fed and the stimulus.

That’s all folks.

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