Tuesday, August 9, 2011

2011 ASTOCKALYPSE

CLICK CHART TO ENLARGE


Is there really any other way to describe it?

Only one question remains. QE or not to QE?

All eyes will be on the FOMC statement to be released Tuesday August 9th.

Possibly my lowest content post to date, but really, what more is there to say?

Whether you're liquidating, holding, already riding in cash or looking to buy the carnage... please do take care!


BB.

2 comments:

  1. Gold in Aussie dollars is roaring, thanks to AUD/USD. Hope that you've done well out of your correct call on this.

    But Newcrest down 1% ! I guess it won't move until US and Canadian stocks move, as Australian traders won't take the initiative.

    ReplyDelete
  2. Would be nice, but my (precious metal) stocks ended pretty flat today after retracing from some nasty lows. I have added a couple of stocks to my portfolio, but concerned we might see further downside if we don't get a strong hint or QE3 announcement in the US tonight.

    The physical Gold I hold has obviously been appreciating in value though.

    ReplyDelete