To learn more about the stocks that
make up the portfolio, use the links in the right hand colum. > > > > >
> > > >
We set a new
benchmark value on Sept. 2011 - $51,089.84
Previous benchmark value was $35,246.00 March 2006. Original
value - $20,000.00 March 2000.
The portfolio has made a Friday market close at over $50,000.00.
DIVIDEND/SPINOFF OF 200 SHARES OF TARM
*** 03/31/11 --
Tara Gold Resources
Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to
announce the details regarding the previously announced distribution
Corp. common share for every 20 outstanding shares of Tara
Gold. The Ex-Dividend Date is
May 18, 2011, the Record Date is
May 20, 2011, and the Payment Date is
May 27, 2011.
*** 12/15/2010 -
(OTC:OCOL.PK) symbol change to
currently engaged in the
of indentifying, evaluating, developing and acquiring potential
natural gas and oil wells while researching new methods of clean and
renewable energy production. The company will initially focus on
acquiring older fields where it can utilize modern techniques to
re-establish or enhance production. Oncolin will continue to oversee
its minority ownership in Intertech Bio, a biopharmaceutical company
that engages in the discovery, development and commercialization of
novel selective anticancer therapies.
Additional information about Oncolin can be found on the web at
*** 08/27/2010 - The Pink Sheet listing for
dipped to $1.25 so we purchased 200 shares. We now would like to
replenish our cash to be able to buy more on any corrections.
The big players are seriously reducing their U.S. stock market
holdings. GEORGE SOROS (Chairman of Soros Fund Management, LLC)
is among the big boys that believe a major market drop is a real
threat. We understand our portfolio will take a major beat down
along with everything else, but the positions we hold should benefit
in the long run. At that point we will liquidate the profits from
the contrarian positions (BEARX - RYAIX - RYURX) and increase our
The over all consensus is; the U.S. stock market is not a safe
place to be. Keep that in mind if you're investing or have a 401K.
*** 08/08/2010 -
Esperanza Resources EPZ.V
is steadily setting higher lows. The trading range is now $1.40 - $1.60.
This is exactly what we like to see and reaffirms our belief that this
is a good company to add to the "Network Portfolio". The bad part is it
looks like we might have missed getting in @ $1.00. We still have
a live buy order for 400 shares @ $1.00 but we have added a buy alert @
$1.25. If the alert hits we may just do the purchase. We are going to
watch this closely. We don't want it to march away from us. I will still
buy up to $1.75.
*** 06/30/2010 - We are currently looking
to ad a junior mining position.
Esperanza Resources EPZ.V
I was looking for Silver and found Gold. We would like to buy @ $1.00 or
*** On 05/21/2010 we added 100
shares of GDXJ @25.00 reducing our cash position by $2,500.00.
*** On 05/20/2010 we sold 10 shares of AAUKY.PK @ $17.10. We purchased @
$22.08. Our loss was $49.79
Our reason for selling was to cut our losses.
*** On 05/19/10 we sold 10 shares of BHP @ $63.02. We purchased @ $35.00.
Our profit was $280.00.
Our reason for selling was to prevent losses. We added $630.20 to our
*** On 05/06/10 we sold 170
shares of PSAFX @ $12.12 We Purchased @ 11.86 Our profit was $44.20
Our reason for selling was to prevent losses. That transaction added
$2060 to our cash holdings.
With everything so
manipulated, market predictability is impossible. Seems like we are due
for a Bond market collapse.
In the past we have always
announced ahead of the actual transactions what we were about to do. Do
to extreme volatility that is not always possible.
We structured this portfolio to benefit from a deteriorating market and
economy but the only way to deal with the volatility we are experiencing
now is to be nimble and act quickly.
We are now looking for a dip to add to our GDXJ position.
We would also like to liquidate our two commodity positions (AAUKY.PK &
BHP) then buy back into them at a later date.
Insider Selling Volume at Highest Level
Published: Tuesday, 26 Oct 2010
By: John Melloy
Executive Producer, Fast Money
Beyond the money
The overwhelming volume of sell
transactions relative to buy transactions by company insiders over
the last six months in key leading sectors of the market is the
worst Alan Newman, editor of the Crosscurrents newsletter, has ever
seen since he began tracking the data.
The largest companies in three of the
most important leading sectors of the market have seen their
executives classified as insiders sell more than 120 million shares
of stock over the last six months. Top executives at these very same
companies bought just 38,000 shares over that same time period,
making for an eye-popping sell to buy ratio of 3,177 to one.
The grand total for the three sectors
are “as awful as we have ever seen since we began doing this
exercise years ago,” said Newman, who was ahead on such trends as
the dangers of high-frequency trading and ETFs before the ‘Flash
Crash’. “Clearly, insiders are seeing great value only in cash.
Their actions speak volumes for the veracity for the current rally.”
But the overall market doesn’t seem
to care. The S&P 500 is up 16 percent since its 2010 low hit on July
2nd on the back of strong earnings driven by cost-cutting and the
hopes for even more quantitative easing from the Federal Reserve.
The insider data “is good reason for
considerable caution once the price action fades,” said Simon Baker,
CEO of Baker Asset Management. Still “insiders normally buy early
and sell early too. Longer term -- 12 months out -- it is more of a
Newman isn’t alone in warning about
insider selling. The latest report from Vickers Weekly Insider, a
publication that makes investments based upon these transactions,
shows that total insider sell transactions relative to purchases on
the New York Stock Exchange are running at a ratio of more than four
to one over the last eight weeks. The normal reading, because of
options selling and other factors, is about 2 sales for every buy,
according to Vickers.
To be sure, many investors feel the
heavy insider selling is just an anomaly based on other reasons.
“These are folks that have had to dip
into their stocks for the first time in years, as their salaries
have been cut and their bonuses, outside Wall Street, have been
significantly curtailed,” said J.J. Kinahan, chief derivatives
strategist for TD Ameritrade. “ This may speak more to a cash flow
problem, then a market belief.”
Still Newman, who is also a favorite
commentator of Barron’s columnist Alan Abelson, sees the insider
selling as just the latest reason, along with the mortgage
foreclosure mess and fully invested mutual fund managers with no
fresh powder to put to work, to be cautious on the market.
“At the risk of sounding like a
broken record, we expect a significant correction,” said the
For complete original
|*** FEDERATED PRUDENT BEAR FUND A (NYSE:
*** CALEDONIA MINING CP
(OTC BB: CALVF.OB)
*** CENTURION GOLD HLDGS
*** DRAKE GOLD RESOURCES
*** DRDGOLD Limited
*** ESPERANZA RESOURCES CORP
*** Market Vectors Junior Gold Mine
*** Goldcorp Incorporated Common St
*** GOLDEN EAGLE INTL
(OTC BB: MYNG.OB)
*** BERING EXPLORATION
(Other OTC: BERX.PK) Change
(Other OTC: OCOL.PK) No Link
*** Royal Gold, Inc.
*** RYDEX SERIE FDS, INVERSE NASDA
*** RYDEX SERIES FDS, INVERSE S&P 500 (NYSE:
*** SILVERADO GOLD MINES
(OTC BB: SLGLF.OB)
*** TARA GOLD RESOURCES
(Other OTC: TRGD.PK)
*** TARA MINERALS CORP.
(OTC BB: TARM.OB)
*** TURNER VALLEY OILGAS
(Other OTC: TVOG.PK)
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