After being away from my computer I have come back to a view I did not expect - AMX at 59 cents. This drop is very worrying because it is so extreme - way beyond just end of year tax selling. Or am I wrong in holding that opinion. Something looks definitely wrong here, but I have no idea what this is. Either 59 cents is a massive gift or AMX has come back to a more realistic price, in which case it could fall more.
I have the brass, but probably not the brass balls, to buy.
I need the Fed, ECB and Bank of China to all print, print, print and I will be fully invested in no time, including some AMX if these prices persist.
Can we trust Europe to sort themselves out (which requires Germany to pay for everybody's Club Med party and the transformation of the Euro into the EuroLira)?
Pure explorers could find themselves in a pickle as market support vanishes, even the better goldies, in a GFC2.
loki
AMX Price at posting:
59.0¢ Sentiment: None Disclosure: Not Held
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