re: global recession The HUI is only down just over 1% the TSX Gold Index is actually up, base metals are ugly but the big stocks are only off 2-3% ... You might keep your house mandeley .. your o/d might be a little bit bigger for a few days.
My portfolio is 60% metals and oil , but absolutely no margain positions ... far to risky for me. Could stand dreading "that" phone call or e-mail.