The growth Port-faux-lio lost 0.8% of its value in December while the S&P 500 gain 2.4%. Gold was down 4.1% and silver was down 2.6% during the month and all the Port-faux-lios precious metals related investments lost a similar amount. CVX saved the monthly results and was up 2.7% including dividends. CVX is 42% of the port-faux-lios value.
Good thing that I held off rotating more CVX to precious metals last month.
Year to date the Port-faux-lio lost 17.2% while the S&P gained 30%. CVX gained 20% including dividends. PHYS was down 30% and the miners and silver funds were down about 40%. A terrible year. At least 2014 is off to a good start.