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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (236314)

9/21/2014 10:24:39 AM

From: Goose94

1 Recommendation

Recommended By
heinz44

Read Replies (1) | Respond to of 313182


On BNN.ca Brian Acker thinks, he believe we are in the early stages of a secular bull market in the U.S. dollar. This will ignite rates of return of all U.S. assets including equities, real estate, etc. fxstreet.com

To: Veteran98 who wrote (236314)	9/21/2014 11:43:02 AM
From: 31Floors	Respond to of 313182

Thanks for posting that Veteran98. I own 4% of my pf in gold, in DNA and PLG only. Plg more so because I haven't really followed it enough to sell it, and DNA because they are cashed up and have a great deposit. I've got eyes on the pm sector after last week, but it'll be large cap vehicles like G and SLW; jrs wb FR for silver and RIO for gold - real live producers, with a good eye on geopolitical risk. Timing, no hurry whatsoever, and wary of oversold bounces. Silver broke down from $18 on Friday. A lot of people were writing gold wb $1400 by Dec 31 providing NO reason why. With the USD in a SOLID uptrend I don't think they'll be able to come up with a reason why today, if they didn't or couldn't this summer. Silver at $15 looks doable and gold sub $1200 probable but what do I know. I own only only 2 base metal specs and very small positions in them - FCV which a few own and like, and NAN. I spoke to FCV and confirmed their B. Property had never been drilled for phosphates and had been acquired by the previous owner for gypsum. I bought 3 positions in energy on Friday, each near the low of the days too, with 'ideal' kind of technicals, very broken down sub 30 RSIs, but I think generally well regarded or at least familiar domestic names with liquidity: RMP, BXE and LEG. Never been in RMP, chance to buy back LEG after selling much too early previously. Didn't make money on BXE this year, but sold and this is buying back lower. If I add some more it won't be for a few weeks or a month as I'd rather stagger an entry and not assume I found a near bottom, I mean what are the chances? 20% Cash and thinking this might come handy during tax loss season or October. Or does the general market just go up forever? I don't think so!