Allocations for June 2016 have been updated.
This month, our PP and MP allocations slightly suffered from the gold reversal -6.09%, but the deccorelation of the AP has been able to sustain the overall portfolio.
- Permanent Portfolio: -1.10%
- Momentum Portfolio: -1.70%
- Alternative Portfolio (Singularis CTA Program): +2.92%
The NLX Portfolio for the month : +0.06%
Recommended reading for the month
Meb Faber Research – May 2, 2016
How Much Are Those Dividends Costing you?
Pragmatic Capitalism – May 5, 2016
Trump is Wrong on the National Debt
An interesting summary about US state debt.
Vanguard – May 6, 2016
What does the rising federal funds rate mean for investment portfolios?
A Wealth Of Common Sense – May 18, 2016
The S&P 500 is the World’s Largest Momentum Strategy
Meb Faber Research – May 18, 2016
Which Institution Has The Best Asset Allocation Model?
The New York Times – May 18, 2016
In Japan’s Slow Economy, Rare Price Rise Prompts Surplus of Remorse