SAR saracen mineral holdings limited

fund managers view, page-14

  1. 3,740 Posts.
    today is bad day...but remember when people became fearful then it is time to buy..

    i sold off all my shares hold by my Superfund yesterday and moved them all into term deposits today.

    from my experience when big miners are starting to drop from their former glory like BHP. it usually my indication of stock market is going to fell in short term. contrast it is usually gold price going to pickup pace.

    But i am still holding SAR in my cash trading account. I will sit this one out.

    Euro is not doing well. US economics might not be as glossy as it should be. last two months of bright news are just smoke to help traders offload their shares. Money printing is going to continue..

    sit tight...

 
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