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Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Portfolio Changes 5/17/6

May 18th, 2006 by reality

Sold most of VGPMX. Price momentum appears broken, interest rates are rising not usually a good sign for gold and gold stocks. Need to wait for clear signs of economic slowdown and lower rates.

Also sold the iShares Australia and added NDX puts.

Expecting to see a bounce anytime but downside momentum is pretty strong.


The Vanguard Precious Metals and Mining (VGPMX) typically invests in the stocks of foreign and U.S.companies principally engaged in the exploration, mining, processing, or distribution of gold and other precious metals.

iShares Australia - iShares MSCI Australia Index (EWA)

Nasdaq 100 (NDX) puts

Posted in * Portfolio changes |

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