snip.On the profound weakness in precious metals shares, especially on Tuesday (when the gold/XAU ratio spiked to about 6.7 and the XAU itself dropped close to the 100 level), we moved about 12% of the Strategic Total Return Fund's assets into precious metals shares, modestly reducing our foreign currency holdings to keep our overall allocation in precious metals shares, utilities and foreign currencies to 30% of assets (as of the time the positions are established). unsnip.from http://hussmanfunds.com/wmc/wmc080915.htmTi (already got the stuff)
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