Thursday, March 19, 2015

Portfolio Update 3

I've added a little more gold and the SJB inverse ETF into my portfolio.

Mid-to-Long-term portfolio (In USD):

-Long physical gold from $950
-Long physical silver from $14
-Long paper silver from $15
-Short US 30-year bond futures from $150
-Long sugar from 16.50 cents
-Long north korean gold coins 
-Long chinese yuan against sgd from SGD:RMB of 1:5
-Long RSX at $13.18
-Long GDX at $18.95
-Long SLV at $15.25
-Long RMB vs SGD at 5:1
-Long ruble vs USD at about 65:1 (or ruble vs SGD at about 45:1)
-Long GLD at $111.20 (Well, I do anticipate gold going down further, even below $1000. But I can't help myself. The long-term fundamentals for gold are too much to resist)
-Long SJB at $27.48 (A play on shorting US junk corporate bonds. Let's see how this plays out in the next 1-3 years)

Still Looking to:

-Long north korean silver coins (A play on North Korea opening up/collapsing)
-Long South Korean airlines (A play on North Korea opening up/collapsing)
-Long RJA (Agriculture has taken a beating in recent years, and given my long-term bullish view on agriculture, this could be a good chance to accumulate some. Well, let's wait till later in the year).

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