Goldilocks Trades on Monday

We had quite a roller-coaster ride in the financial markets so far this year. Our heroin Goldilocks has fallen into the grubby paws of the bear. The bear had his way with her in a bad way. Goldilocks' portfolio is some 23% lighter as a result of it. By comparison the S&P 500 cash index lost 13% over the same period.

Goldilocks is currently holding three ETFs:

PowerShares WilderHill Clean Energy – PBW
iShares FTSE/Xinhua China 25 – FXI
iShares MSCI Brazil Index – EWZ

Goldilocks reviews her portfolio every 20 trading days and ensures that she is holding the three strongest ETFs in her watch list of 60 ETFs. The three strongest ETFs currently are:

Market Vectors Gold Miners – GDX
iShares Silver Trust – SLV
iShares MSCI Brazil Index – EWZ

So Goldilocks will dump PWB and FXI at the open on Monday. At the same time she will buy Gold and Silver in the form of GDX and SLV. It is her way of expressing her distrust in the central bankers of the world.