gordoffh

yes to both - I had looked at buying spy puts but I did that back in july ( expired Dec)- I have also purchased HSD for the short term - I have been building long postions in FFH , PD , SFK & MFC also gold SMF - plan to continue if the market craters - just thought I would try to offset what could be a significant fall in the market - one could sell everything and stay in cash for now - perhaps that is the answer

I was watching BNN ( market call) around Christmas and the analyst dressed as Santa Claus ( can't remember real name ) was concerned at that time about a correction in the market. His top picks were ::Focus: Options and ETFs. Top Picks: Buy iPath S&P 500 VIX Short Term Futures ETN (VXX) at US $32.75; Sell Barrick Gold (ABX-T) July 46 puts at $6.00; Buy S&P 500 Depositary Receipts (SPY-N) Dec 111 calls at US $10.00Buy S&P 500 Depositary Receipts (SPY-N) Dec 111 puts at US $10.60 - I watched the VXX for a while and bought as I said a couple of weeks back. He was a little early on the call but it has worked and if we do crater it should do well

I have had a postion in VXX for 2 weeks as a hedge

I am certain the $ 308 BV is in US dollars however can you confirm . Thanks

24 % oil and gas ( pwt,bnk,oil) 51 % gold ( yri,goz,smf,clh,rmx) 5 % FFH 6 % Forestry ( sfk,cfx) 10 % BMO 4 % ge ,bac leaps and spy Will be moving some gold back into ffh

US Treasury Bonds Rates Maturity Yield Yesterday Last Week Last Month 3 Month 0.01 0.01 0.01 0.01 6 Month 0.20 0.16 0.20 0.36 2 Year 0.72 0.78 0.92 0.99 3 Year 0.89 0.94 1.11 1.25 5 Year 1.43 1.45 1.44 1.90 10 Year 2.06 2.10 2.18 2.92 30 Year 2.56 2.63 2.63 3.43 I copied this chart from thread on the old board. Rates have increased considerably since this chart was produced a few weeks back. Question? What will be the impact on share price if they did not take money off the table? Our assumed profits priced in? I do not believe they announced anything on this subject.