Core Portfolio

2009 Portfolio

[1] Precious metals
[a] – GLD (Overall exposure to movement of gold)*
[b] – SLV (Overall exposure to movement of silver)*
[c] – GDX (Gold miner ETF)
[d] – JUNIORS / MISC

[2] Energy
[a] – XLE (Energy and explorer ETF)
[b] – DBE / DXO / USO / UNG

[3] Agriculture
[a] – DBA (Tracks corn, wheat, soybean & sugar)
[b] – MOO (ETF for agriculture and fertilizer stocks)

[4] Natural Resources
[a] – PHO (Water ETF)
[b] – DBB (Industrial metals ETN – zinc, copper, aluminum)
[c] – IYM (Materials stock ETF)

[5] Special Situations – I.E. Short special situations, non-related. May combine with juniors

[6] Emerging Markets
[a] ADRE -  [China, Brazil and emerging markets ETF]