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1.08% $1.87 dra global limited

My guess is for something of a double dip in the world economy...

  1. PickEm
    926 Posts.
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    26/03/10
    10:58
    Post #: 6500935
    My guess is for something of a double dip in the world economy as debt and excessive living standards erode developed nations wealth again. Maybe not a severe but more prolonged than the first dip.

    Last time that happened the AUD fell, Gold held, the USD was strong (counter intuitively). Im expecting the Euro to remain weak.

    To my reasoning, Dragon provides a nice hedge against all these movements. Took the 400k on offer this morning, even though that seller seems very persistent.
    DRA Price at posting: 8.2¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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