Week 12 Portfolio Update: Smacked Down

by Lsigurd on September 26, 2011

I could be talking about what happened last week, or what happened to gold and silver overnight. My portfolio was doing quite well before Thursday, up since inception while the TSX and S&P were down substantially. Thursday and Friday knocked the wind out of me, and it looks like that might continue today. Mind you gold has come back from the truly panic lows it set in Asia overnight. If gold continues to fall I will be forced to lighten up on my gold stocks. In this market it is seeming more and more to me that I should just lighten up on everything to zero.