Thursday, April 9, 2009

Account update..have a good weekend

Below is an account update...doing great and holding gold, regardless of drawdown. It is important to have gold for an inflation hedge even though I have to admit that the deflation arguement is also compelling...even Larry Summers can't tell what will happen (or he's scared to.) So if we do break the 200 SMA, I will repurchase the puts I sold a few days ago.

On it's own, this $100,000 account is
up 65 1/2% since Jan 8. My other ($50,000) account is up 18% (Excel).

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