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Trimmed gold position further today

At the beginning of the year I mentioned that I had 41% of the aggressive portfolio in gold and I just sold 20% of the position at 1092 to make it 33% of the portfolio.  The reason being is gold averaged less in January than in December, a poor sign, and it also fixed today (Feb 1) below the last PM fix in 2009.  The portion in the 5 year note, IEI, has went up with the sale of gold to 17% of the portfolio. 

Disclosure: disclosure:long gld,long rwr,long iei,long iwn,long iwd