A five-part “Dragon” mix aimed to work in booms and busts: leveraged U.S. stocks, long Treasuries, gold, crisis hedges (VIX and U.S. dollar), plus simple trend/momentum in global stocks and commodities. Uses ETFs; some are leveraged and volatile.

Five sleeves: 24% U.S. stocks via a 3× S&P 500 fund (UPRO); 18% long U.S. Treasuries via a 3× fund (TMF); 19% gold (GLD); 21% crisis hedges split between VIX futures (VIXM) and the U.S. dollar (UUP), sized by recent volatility; 18% simple trend: for global stock funds and commodity funds, own it only if its recent return beat 7–10yr Treasuries (IEF), otherwise hold IEF. Rebalances on ~5% drift.

Dragon Portfolio diversifies across stocks, bonds, gold, long vol, and momentum to hedge inflation and crises. Out-of-sample returns trail the S&P 500, but it delivers positive risk-adjusted performance and lower correlation for resilience.