Well, that's good Bert. There's no argument on that issue.
I have several large PM positions that I'd like to see contribute to the portfolio gains I'm getting elsewhere (in fact the PF made another new record hi on the close despite weakness in FEEC). But again, I'm willing to be patient with my PM positions and may add more. Afterall, not all my energy picks rocket higher immediately:o)
The point I'm making is NOT, by any stretch anti-gold, so there's no need to challenge a point I'm not making, OK?
Where we have a professional difference of opinion is with regard to the broad market. I've been bullish and heavily long my fav stocks for weeks and I've been right. Sure there'll be 1-2 consolidations along the way.
But, as has been the case for weeks, my call continues to be unequivocal. The leading sectors, energy in particular, are going significantly higher into next year and I expect the broad market to be at least sideways and probably higher - as well - at least into early January.
As always, we can revisit this in early January to see who Mr Market decided made the correct call:o) I've really have nothing else to add.
There a lot of other topics we can move onto, although you're welcome to the last word on this issue if you wish to have same. I'm OK with it either way.
All the best,
Isopatch |
