Club Mulgoa

Thursday, September 15, 2011

ASX 200 climbs

Generally, a good day for most in the market... except me. My portfolio is laden with gold stocks. So when POG is down to below USD1800 per oz, you can expect the gold sector to fall. Because the central banks have more money to throw around, the stock markets rose. But all the financial problems that existed yesterday, still exist today.

Hence, I see this as a temporary set back.

0 Comments:

Post a Comment

<< Home