my reading of the tealeaves is that the "Beijing Put" is in and the COT drama show is not working or at least on hold for a while
so for me its down to 975 in a week or so and then up and away
and a good time to feel smart about holding juniors again (and NCM may have legs too Sydneyguy ?)
...until a possible deflation tsunami cleans up all markets sometime in the next six to twelve months
so its dreamtime until the world wakes up
or a nightmare if Iran disturbs the peace
I'm trying to be really careful not to get carried away with some of the juniors ...they will still be here next year and the year after I reckon digging up money in a world with maybe some currencies backed by gold
I don't worry about my pm's - I think it's because if the 10yr KGX (Kitco Gold Index) was a stock I would think what a great steady investment and last years market meltdown had zilch effect on this index. I think about when to buy in tho' in Oz (which is now) as an alternative to AUD fixed interest which is not so much of an investment now
lotsa balls in the air and you need to keep an eye on them too I reckon ....
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