Drowning in a sea of red

Here is the snapshot for closing portfolio values today. Nuff said:

It looks like the Royal Gold speculation of $1K was throwing money away. Highly, highly improbable that it will close in the money by Friday -as only 3 trading days left.

I have said before that I dont know what is going on and I reiterate it again. I don't believe that market is reacting rationally to news about rising inflation. Market should be falling more, metals increasing, interest rates rising. Or is that the view that just fits better with my positions? Probably.............but then what is really happening?

BTW - this Refco thing is going to get messy I think.

-BG