Thanks PJ. All is well for the moment at least. I'm thinking share markets (especially Aust) are looking expensive in a number of sectors again from a general "top down" macro view. So I'm not looking to add to any positions. My holdings in CCL, NCK, MAF and JDO have bounced nicely over the last 1-2 months, and I might take some profits if they continue up. My other holdings continue to go sideways. Not sure what to do with SMR. It's a well run company at the mercy of the metallurgical coal price and heavy weather. But it's my only energy exposure. My super continues to power along with the gold and silver price. GDX continues to smash higher along with PM Gold. And silver (ETPMAG) has broken out and is running higher. Precious metals now make up approx. 20% of my super portfolio !! I would never have held these assets years ago. Here's the thing > It's not the gold price and silver price going up. Its the value (purchasing power) of $USD and $AUD (and other currencies) going down. Don't believe what you read on the economy in the mainstream media. Inflation is much higher than the "official stats" report. In fact I think we are currently in a stagflation environment (low or negative growth / high inflation 5% plus). Look at rents, electricity prices, fresh food prices as examples. The official inflation rate of 2.4% p.a. is absolute BS. And now the RBA is dropping rates again because we have no growth. Ha !! You look to be on a winner with APZ, just checking the chart. But I've done zero research on it. I like XRF and have put it on my watchlist. Although a key shareholder seems to be selling down.
