Club Mulgoa

Friday, August 05, 2011

ASX fell

The world is still the puppy for the USA.

If Italy and Spain want to go bankrupt, let them be. They are overpriced nations. Go to China or India, and you will know what is real value for travelers. Europeans still think they are the colonial masters.

Today, I collected BSR at 5.1c and IGR at 46c. One is an explorer and the other is a producer. When both fell more than the general market, I bought them. LSA is in trading halt so I could not top up on it.

I received a report from a broker in the city and it would appear like they can't see how this fall is sustainable.

On Monday, if the market falls again, I will look forward to topping up more! Dumb?

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