This blog is about macro-economics, financial markets and the world that has been pulled over your eyes to blind you from the truth.
— Neo: What truth?
— Morpheus: That you are a slave, Neo.
2012-06-01
Portfolio Update: Bought more Silver and Euros
Earlier today, I bought more silver and EURUSD. That was lucky, as the markets are now rebounding quite nicely, and positions that were slightly in the red near the bottom of the day are now up nicely.
3 comments:
pms
said...
spot on :-) are you playing this as a "bounce" in the precious metal prices ?
and do you have a take on how far the euro will bounse?
thanks for some very very interesting post - you have a cool ability of spotting turning points.
@peter Yes, I expect this to be a bounce, that could potentially last a few months.
Long term, I see silver falling into the single digits and gold to also take a major hit. But then, it all will depend on how much central banks and government will try to destroy the world, I will revise my forecasts along the way.
@bamboo investments it's time to reverse that position of yours.
Also, if your message is a spam, I'll have to remove it.
3 comments:
spot on :-) are you playing this as a "bounce" in the precious metal prices ?
and do you have a take on how far the euro will bounse?
thanks for some very very interesting post - you have a cool ability of spotting turning points.
peter
Argh...with my usual "luck" I bought the Euro short ETF three days ago:(
@peter
Yes, I expect this to be a bounce, that could potentially last a few months.
Long term, I see silver falling into the single digits and gold to also take a major hit. But then, it all will depend on how much central banks and government will try to destroy the world, I will revise my forecasts along the way.
@bamboo investments
it's time to reverse that position of yours.
Also, if your message is a spam, I'll have to remove it.
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