Market tumbling...

There will be a lot of tumbling to come. The US is not going to save the world. Neither the Chinese.

In fact, only gold will save! Why? Because the value of gold will remain much the same. In fact since biblical time. But not totally. Market sentiment is a very powerful force, sometimes, totally without logic or rationale.

While the value of my portfolio has fallen badly, I am still buying. It has been my experience that the most profitable time to buy is when lots and lots of people are selling for no good reason. Afterall, POG and AUD has not changed much.