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	<title>The Enlightened American &#187; MFN</title>
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	<link>http://enlightened-american.com</link>
	<description>One person's quest to make sense of a senseless American economy and society.</description>
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		<title>Extending Yamana Gold (AUY) Covered Calls</title>
		<link>http://enlightened-american.com/2011/09/22/extending-yamana-gold-auy-covered-calls</link>
		<comments>http://enlightened-american.com/2011/09/22/extending-yamana-gold-auy-covered-calls#comments</comments>
		<pubDate>Thu, 22 Sep 2011 18:41:02 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=872</guid>
		<description><![CDATA[While I may have lost Minefinders (MFN) on covered calls, today&#8217;s massive gold miners correction allowed me to pull back the Yamana $16 Oct 2011 covered call. I bought back those calls and sold Jan 2012 $17.5 calls, for a net credit of $0.31 per contract. Not bad &#8211;  pocketed some change while adding another [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/09/22/extending-yamana-gold-auy-covered-calls/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>YTD Portfolio Results &amp; Market Commentary</title>
		<link>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary</link>
		<comments>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary#comments</comments>
		<pubDate>Tue, 02 Aug 2011 04:59:35 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[CEF]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[EWS]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[GSK]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=827</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.2% through August 1st, 2011 (my actual IRR, including cash balance) DJIA: +4.8% Nasdaq: +3.5% S&#38;P 500: +2.3% DJ Wilshire 5000: +2.2% Russell 2000 (smallcap): +1.2% I must admit some pleasure at walking away from the portfolio for a month only to return to YTD results showing us outperforming [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is Gold Roller-Coaster A Safe Ride?</title>
		<link>http://enlightened-american.com/2011/04/14/is-gold-roller-coaster-a-safe-ride</link>
		<comments>http://enlightened-american.com/2011/04/14/is-gold-roller-coaster-a-safe-ride#comments</comments>
		<pubDate>Thu, 14 Apr 2011 16:30:20 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Investment Strategies]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[GLD]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[MFN]]></category>
		<category><![CDATA[options]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=781</guid>
		<description><![CDATA[Last week, I closed my Yamana Gold (AUY) April 2011 $13 covered call position at $0.22 per contract with the stock trading at $12.80, near its strike price. By week&#8217;s end, AUY traded up to $13.30, justifying the trade for the time being. I initially opened this position at $0.47 late last year so a [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/04/14/is-gold-roller-coaster-a-safe-ride/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gold The Antidote To Delusions Of Market Stability</title>
		<link>http://enlightened-american.com/2010/05/11/gold-the-antidote-to-delusions-of-market-stability</link>
		<comments>http://enlightened-american.com/2010/05/11/gold-the-antidote-to-delusions-of-market-stability#comments</comments>
		<pubDate>Tue, 11 May 2010 23:33:07 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=686</guid>
		<description><![CDATA[Last week’s action reinforces my analogy of the financial markets being more akin to car-driving than roller-coasters. Most people drive recklessly far more often than they should but get away with it most of the time. With the market, an unrelenting stream of up days fostered an illusion of stability. It becomes clearer that these [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/05/11/gold-the-antidote-to-delusions-of-market-stability/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Portfolio +0.8% Year-To-Date</title>
		<link>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date</link>
		<comments>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date#comments</comments>
		<pubDate>Mon, 01 Mar 2010 19:17:59 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[BAM]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[enlightened-american portfolio]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=644</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +0.8% through Feb, 2010 (my actual IRR, including cash balance) DJIA: -1.0% Nasdaq: -1.4% S&#38;P 500: -1.0% DJ Wilshire 5000: -0.4% Russell 2000 (smallcap): -0.9% February was a sedentary month for us here at Enlightened American. Sometimes, indeed most times when dealing with investing, doing nothing is the best [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Portfolio -2.3% YTD Through January</title>
		<link>http://enlightened-american.com/2010/02/01/portfolio-2-3-ytd-through-february</link>
		<comments>http://enlightened-american.com/2010/02/01/portfolio-2-3-ytd-through-february#comments</comments>
		<pubDate>Mon, 01 Feb 2010 18:35:44 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[enlightened-american portfolio]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[MAXX]]></category>
		<category><![CDATA[MFN]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[uri]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=613</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: -2.3% through Jan, 2010 (my actual IRR, including cash balance) DJIA: -3.5% Nasdaq: -5.4% S&#38;P 500: -3.7% DJ Wilshire 5000: -3.5% Russell 2000 (smallcap): -5.1% Our portfolio outpaced all major indices thus far out of the gate in 2010. As always, this outperformance can not be attributed to any [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/02/01/portfolio-2-3-ytd-through-february/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Portfolio +34% YTD but Cautious Going Forward</title>
		<link>http://enlightened-american.com/2009/10/05/portfolio-review-and-market-outlook</link>
		<comments>http://enlightened-american.com/2009/10/05/portfolio-review-and-market-outlook#comments</comments>
		<pubDate>Mon, 05 Oct 2009 08:18:03 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[CIT]]></category>
		<category><![CDATA[enlightened-american portfolio]]></category>
		<category><![CDATA[market outlook]]></category>
		<category><![CDATA[MFN]]></category>
		<category><![CDATA[MXM]]></category>
		<category><![CDATA[ZRBA]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=461</guid>
		<description><![CDATA[View the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. through September 30, 2009. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +34.0% YTD (my actual IRR, including cash balance) DJIA: +10.7% Nasdaq: +34.7% S&#38;P 500: +17.0% DJ WIlshire 5000: +20.1% Russell 2000 (smallcap): +21.1% September was [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/10/05/portfolio-review-and-market-outlook/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Update On a Pair of Gold Miners</title>
		<link>http://enlightened-american.com/2009/09/21/update-on-a-pair-of-gold-miners</link>
		<comments>http://enlightened-american.com/2009/09/21/update-on-a-pair-of-gold-miners#comments</comments>
		<pubDate>Mon, 21 Sep 2009 20:41:42 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[gold AUY]]></category>
		<category><![CDATA[gold miners]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=401</guid>
		<description><![CDATA[With gold hovering over $1,000 per ounce, now seems a good time to check in on two gold mining stocks I hold in my portfolio, Minefinders (MFN) and Yamana Gold (AUY). Long-time readers will know that I have been writing call options all year long on these two stocks, to good profit. With the recent [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/09/21/update-on-a-pair-of-gold-miners/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Portfolio Performance +5.2% Through March 2009</title>
		<link>http://enlightened-american.com/2009/04/02/portfolio-performance-52-through-march-2009</link>
		<comments>http://enlightened-american.com/2009/04/02/portfolio-performance-52-through-march-2009#comments</comments>
		<pubDate>Thu, 02 Apr 2009 18:16:49 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[corporate bonds]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[MFN]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[US dollar]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=331</guid>
		<description><![CDATA[Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +5.2% YTD (including dividends) DJIA: -13.3% Nasdaq: -3.1% S&#38;P 500: -11.7% DJ WIlshire 5000: -8.9% Russell 2000 (smallcap): -15.4% The stock market enjoyed a strong rally [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/04/02/portfolio-performance-52-through-march-2009/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>American Capital Ate Wheaties For Breakfast + Minefinders non-update</title>
		<link>http://enlightened-american.com/2008/09/18/american-capital-ate-wheaties-for-breakfast-minefinders-non-update</link>
		<comments>http://enlightened-american.com/2008/09/18/american-capital-ate-wheaties-for-breakfast-minefinders-non-update#comments</comments>
		<pubDate>Thu, 18 Sep 2008 16:26:45 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[acas]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=224</guid>
		<description><![CDATA[What else could explain the 11% pop in ACAS, bigger than most other financials today? Well, besides Wheaties, perhaps the pending &#8220;new&#8221; rules on naked short-selling might also have something to do with it.  It&#8217;s interesting to see another position, Minefinders (MFN), up 16% today as that stock allegedly has a big naked short position [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/09/18/american-capital-ate-wheaties-for-breakfast-minefinders-non-update/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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