Wednesday, March 14, 2012

VIX SLIDES AS MARKETS GET COMPLACENT!


As the rally in equity markets continues, let us not forget that we still face headwinds in 2012.

Troubles in the Eurozone, record high oil prices and a possible slowdown in China.......are some of the lingering concerns.

CAVEAT EMPTOR!

Friday, March 9, 2012

GOLD -Volatile times

Gold prices continue to trade rather erratically, and over the past week have corrected below the $ 1700 level, before pulling back slightly.

I continue to be a long term gold bull, and ongoing actions of the world's central banks will continue to support higher gold prices over the longer term.

Here is the Gold Angel image from Jim Sinclair's  - JSMINESET.COM

At this stage of Gold's ''bull market'', patience is vital and a steady buy on declines policy is advisable.
I would advise investors to avoid short term trading in this manic market..