Club Mulgoa

Tuesday, February 21, 2012

PIROA

You have to wonder who was/were the idiot(s) who sold down PIROA yesterday (AUD was down and POG was still over USD$1720 per oz) in a rising market. And then today, it has regained nearly all that loss in a down market.

You better hope it is not the fund manager who you pay to look after your hard-earned money.

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