Alpha

When the world markets are tumbling because big brother (USA) is tumbling... it is nice to collect alpha. Like everyone else, my portfolio fell today, too but it was cushioned by gold, silver and phosphate stocks. The POG this evening has risen to over USD1870 per oz while AUD is still under USD1.07.

If the Dow continues to fall over the next few hours, you can expect the ASX to follow suit on Monday. But with POG flying again in the opposite direction, I will lose money as well but less than many others. Em, I hope!