July 3rd this System signaled to be back in Silver (50%) for conservative investors who had only been in Gold until this time. For more aggressive investors that signal indicated to be 100% in Silver and/or to buy in selected Precious Metals Mining stocks. These changes were made in the market upon opening July 5th.
Earlier, June 1st was actually the last signal to sell all Silver holdings but the unrefined Allocation System did not confirm that timing. Further work identified that sell signal and will be tested here going forward.
Since the buy signal July 3rd, SLV has outperformed GLD approximately 2 to 1. Over the same 10 trading days, the AMEX "Gold Bugs Index" (HUI) has returned approximately 7% as has the PM Miners ETF, GDX.
A signal to take profits/protect gains and sell at least 50% of Silver holdings is expected within the next two or three weeks.
This post was first published via my Fool.com blog on July 18th and can be viewed via the link below to confirm its authenticity and accuracy in time (I was on the road during the month of July so maintaining multiple blogs was not in the cards. In such situations I use the Fool.com blog first since bolg posts there are not editable once posted so it easily creates an objective record of the timing of my entries and market calls):
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=11817&t=01009161890852769770
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