Selling at least half of the gold. Buying Transocean (w/in a week or two), natural gas producers (basket – ETF, Russian play, NGS?), BAM (Brookfield Asset Management), long Yen short USD (looking for an ETF)…selling 15% of the IAU shares and turning 5% into shares of BAM at the opening price.
16,337 shares IAU, $1,506,108.06 (closed at 92.19)
2,450 shares sold at opening price 4/10/08
3,350 shares BAM bought at opening price 4/10/08
more to come…