What to do? I have RRL, IGO, ALK, KCN. Now some are dedicated gold stocks, others have alternative metal production or proposed production. I have bought them at pretty close to their lows but they have continued to sink. All have plenty of cash at Bank, gold price hasn't really plunged at all this morning given the fall in the Aud, but that might not help KCN. I have other stocks that are all headed south, so I guess one just hangs on and hopes for the best, telcos,big miners, all getting smashed but what has really changed? Some yank has given a spray and the world loses confidence in itself. Has anything really changed since yesterday except the USA might stop printing so much money? QBE and my health stocks are the only green on the screen.
