Club Mulgoa

Thursday, January 26, 2012

POG

POG is still heading upwards but then the USD is falling. More dollars being printed, presumably, so that Uncle Ben doesn't have to increase interest rate!

Some of my gold shares have fallen very hard but some have risen very high too. How do you know which one is heading which way? Sometimes, both camps are announcing good finds or good figures. Yet, the divergence can be astonishing.

I put some lowish buys on Wednesday for a few stocks that have fallen badly but collected nothing as the market sentiment was up that day. Only one is a gold producer, RMS; the others are mixed (HGO and TAS).

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