Investors & Friends:

Here's a summary of our investment actions from the past week.

Option Strategies - Naked Puts

1) Berkshire Hathaway Inc (NYSE: BRK/B) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/1/11.

Long Stocks

2) We sold iShares Barclays 20+ Year Treasury Bond Fund (NYSE: TLT) on 6/30 @ $93.60 for a negligible 0.3% gain. We sold TLT to eliminate our exposure to the impact of the Fed's quantitative easing (QE2) program coming to an end.

Return calculation = ($93.60 sale price - $93.30 cost basis) / $93.30 cost basis x 100% = 0.3%.

The date we opened the trade was 4/26/11.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending July 1, 2011.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Etcetera

If real interest rates remain negative, "that will continue to be a green light for money to go into gold."
-- John Hathaway, Managing Director of Tocqueville Asset Management