Right now my portfolio (separate from my trading account) consists of all cash. I went from stocks to cash in early March of 2007, I have not bought anything since then. I consider myself very lucky. I am betting stocks will continue their decline, and will not be getting into stocks right now. However, I am not satisfied holding U.S. dollars. I am thinking about moving to swiss francs with the etf fxf, and waiting for a dip on gold. I plan to buy fxf today, but would like to hear some opinions?