As for the precious metals, a notion that has appeared on this blog in the past accompanied the email to subscribers with the attached NFTRH178:
"The precious metals simply DO NOT rise to the promised land with too many people aboard feeling warm and fuzzy. Fear rides shotgun with the successful PM investor. Always. Make him your friend."
Do not forget this notion, ever; if you are a precious metals trader or investor.
The speculative portfolio is treading water and managing risk for now at +8% for 2012 and looking forward to capitalizing strongly sometime, perhaps this year.