Club Mulgoa

Monday, March 03, 2014

POG

Still the best yoyo show in town.  Russians, or rather, Putin shows off his machismo, and the POG goes up.  This will continue to move upwards while more Russians gather at Ukraine's border.

Meanwhile, markets are dropping everywhere.  But realistically, no one wants to go to war over Ukraine.  Western Europe does not want to upset Russian as it still needs Russian gas.  Ukraine is just a big suburb in USSR so it will probably end up being usurped again.  And when that happens, it will be for Russia to bear the consequences...  The rest of the world can still trade as normal.

Hence, if share price of good stocks continue to plummet, it is time for me to restock my blue chips as I am no longer young.

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