OJO Zafado

Gold Correction - I'm Not Worried

I already own the GDX and bullion. I am thinking of a diversification into DXKSX. There are some major anomalies in these markets. Inflation is clearly a problem. The Fed actions have created some wierd effects. You can typically get 7-8% on A1-Aa3 investment grade subordinated long term debt a prices below par, while the medium term bonds of the same issuers are yielding 3.75-4.75%. Municipal bond & TIP funds like PMX & WIA Iare kicking out 5.75%. This is a very ominous sign for the longer term effects and sustainability of recent Fed actions. It would seem we are very near the bottom in short and medium term Gov't debt rates. There is a "Basket" precious metals fund that trades in London. Here the closest thing that seems available is the DBP that holds ~20% Silver but no US traded funds have shown up? for trading the basket with the other precious metals including platinum, palladium, molybdenum, rhodium, etc. Anyone have a recommendation?