We are continuing to recommend foreign currencies in both of our allocations. One of the funds that we are recommeding follows gold, which, like foreign currencies, tends to go up when the dollar declines.

We are also recommending several bond funds, since bonds appear to be picking up.

Finally, the direction of stocks is ambiguous. We are thus recommending one long stock fund and one short stock fund.

Related posts:

1. Foreign currencies continuing to do well
2. Real estate and bonds
3. Corporate bonds
4. International consumer discretionary stocks and municipal bonds
5. Health care

One Response to “Long currencies, bonds; stocks mixed”

1. pingback from Foreign currencies continuing to do well | Peaceful Gains Newsletters
   July 20th, 2009 at 12:56 pm

   [...] are continuing to do well. For example, FXA (CurrencyShares Australian Dollar Trust), which we recommended last week, has made 2.4% in a week. We are thus continuing to recommend currencies in our Balanced [...]

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