Thursday, September 23, 2010

Not The Best Week

After a glorious few weeks my run came to an end and I found myself giving back some gains. I picked the continuation of gold towards US$1300 but did not pick a downturn in IAU and PRU which cost me dearly. My expectation was a surging gold price and therefore continued surging gold stocks, profit takers have no respect for gold and where its heading. Hold on is this the pot calling the kettle black hmmmm?.
Gold now again at all time high, if there are some good runners in the market today I will miss them as I take my broken wrist for yet another x-ray and check up.
No more motorbikes my preferred mode of transport now has to have 4 wheels on the ground.

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