Club Mulgoa

Tuesday, October 23, 2012

POG

POG is still over USD$1700 per oz.  Just.  But the good news is this AM, it has gone up by 40c!  That means the POG could be starting to turn.  Markets cannot keep dropping while cash is floating around.  Already, bond yields are falling.  It is impossible for small investors to pick the trough.

The markets around the world has been plunging.  For most people, it is misery.  For me, I will be watching for idiots selling out of good valuable stocks.

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