penoa, page-5

great point / great post NomadAUS:

'the SP will remain under pressure, until PENOA expires. just the way it always happens. people will either sell PENOA's or sell OC's or heads to convert. i sold over a million OC's a month ago and am gambling i can get them back a lot cheaper in June'.


i sold half my holding in acb ags and pen over the last three weeks.

i am about to buy back ags pen (and neu for the first time) during the week.

imo energy and precious metals could perform well from mid-march, until the end of april / the beginning of may.

at the end of may, i will again off load half my holding and buy back closer to mid-year.

israel's minister of defence has already warned the world that they will attack iran's nuclear facilities, within two months.

if they do, it should ignite the price of energy and precious metals.

time will tell.