Well two trades still doing well with LGL closing today at $3.40 and NGF at 15cents, I am still holding despite the pull back today. I think it was expected with these stocks having run quite hard and gold not advancing overnight. I feel we will now see over US$1000 per oz gold before the end of the month, its already made a record high in $A exceeding $1500.
The only thing I had that was up today was DOM which is a small holding.
Some other holdings in NCM,IAU and SGX were all down but not what you would call worrying, normal market movement is the term I would use.
I have never seen so many spruikers on the price of gold, when everybody is starting to jump on the bandwagon you know it's going to go on a journey upward, the worry will be when you walk in the supermarket and the checkout chick can give you the price. It has still a long way to go though.
My foray into nickel shares did not occur, good thing as nickel dived below $10,000 a ton and PAN which I like is now substantially cheaper so I think nickel is now at a bottom and I might make the trade Monday.
Prediction POG over US$990 tonight.
This run is probably the best I have done in 12 months so hoping it goes for a while longer.
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