Oven Ready

There's times I've been mistaken
There's times I thought I'd been misunderstood
So wait a minute darlin'
Can't you see we did the best we could?
--Bryan Adams

Current asset allocation as we enter 2010:

cash 55%
real estate 23%
precious metals 11%
fixed income 7%
short 2%
currency 2%
stocks 2%

Basic design is heavy cash/light on risk as I still favor a deflationary scenario.