Club Mulgoa

Thursday, September 08, 2011

POG and Dow

There are so many fund managers who live by the day. Dow up so they sell gold to buy equities. Today you can see that Dow was down and gold was bought. It has been so obvious all this ups and downs have been trending overall downwards because of debt and poor economic performance in the USA, Europe and Japan. Yet those dills who handle a huge amount of money, just function on a day to day basis. I would have no problem with that except that they handle Joe Blogg's money and they get paid big salary and get huge bonuses.

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