Thank you for the discussion of equities as well and specifically the importance of not being greedy and being diversified. It seems not many are interested these days, but it's very important to diversify and across sectors. Right now is an excellent time to have an allocation to gold/silver/uranium and most commodities. They are extremely cyclical as you know and you get an up cycle every 8 years or so. We are solidly in the up cycle and are just at the very beginning for uranium. The cost to mine a pound of uranium is $60, but the price was recently at $20/lb. So the two largest producers announced big production cuts. The price is now at $24/lb and the uranium stocks have really responded. The demand for uranium is increasing as China/India bring on hundreds of nuclear plants. The last bull market for uranium ended with the average stock going up 20X and the best ones were much higher. My allocation recommendations are the following:

-Resource stocks (mining companies)- In a bull market
-Emerging markets- they are outperforming US stocks after years of underperformance.
-China specifically- Big money coming in over the next 5-7 years as they are allocated to index funds
-Tech companies
-Marijuana companies- Broke states will not forgo the big tax opportunity
-Big US companies with billions of dollars overseas that will bring it back under the new tax changes at only 15.5%