Here's my quick update. My covered calls on FXI and GDX expired unexercised. I renewed them. My short puts under GDX hit their strike price and were exercised; I'm now the proud owner of more GDX. I'm trying to keep my gold (GDX) allocation at about 7% of my net worth.
A couple of my California muni bonds are maturing soon and a couple more mature later this summer. I will not replace them with more munis. Like I've said before, things related to hard assets and forex are probably more suitable for me as asset protection tools.
I still have plenty of cash. I am watching the renewed recessions in Spain and the UK with interest, wondering when their troubles will trigger the end of both the eurozone and the global equity bull market.
A couple of my California muni bonds are maturing soon and a couple more mature later this summer. I will not replace them with more munis. Like I've said before, things related to hard assets and forex are probably more suitable for me as asset protection tools.
I still have plenty of cash. I am watching the renewed recessions in Spain and the UK with interest, wondering when their troubles will trigger the end of both the eurozone and the global equity bull market.
