2012-06-20

Portfolio Update: closed silver and gold positions

Shortly after the Bernank announced their latest foolish policy, I closed my silver and gold long positions with a little profit on gold and little loss on silver. I am not happy with the behaviour of gold and silver, they failed to rally while equities did, and sentiment has been rising while price has not.

I've kept my long EUR.USD position, as it resisted nicely the risk-off trade yesterday, but I'll keep an eye on it as well.

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