Both British Petroleum BP and Transocean [[RIG]] have been hammered over the last few days as the environmental catastrophe in the Gulf of Mexico worsened. It is estimated that the environmental and economic damage may surpass that of the Exxon Valdez oil spill, when 11 million gallons of heavy crude seeped into the pristine Prince William [...]

Gold broke out of it’s range to the upside yesterday.  Today the gold mining stocks followed suit;

The World Allocation model portfolio has recently been updated. Changes to the model are:
Buy Cash
     Raise from 1.0% to 6.0%

Sell FTSE Xinhua Index FXI
      
      Entire Position

 
For the complete list of holdings, or for the breakdown of the model portfolio’s asset allocation, as well as its track record, please refer to the World Allocation model page.