Club Mulgoa

Thursday, August 04, 2011

ASX fell

Strange day to fall when the Dow went up. And why fall when the AUD is down. Most Aussie companies trading overseas should see their value rise!

Gold is doing nicely. I was at work this afternoon when the market started to fall. I got a tax refund from the ATO. Surprise! I am not fond of getting a refund. It means that money should have been mine last 12 months but the ATO got to keep it and earned from it.

That means I have a bit more cash to hunt for wounded good value prey. But it is two full lists tomorrow. OYM is producing gold but the market dislikes the small gold companies. I don't!

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