Saturday, 13 April 2013
Portfolio allocation ,date 13 / 04 / 13
Rurelec 38 %
Churchill Mining 20 %
Metro Baltic 20 %
Oxus 14 %
Sacoil 4 %
Alba 4 %
Another week and a slight increase in portfolio value , mainly thanks to MET . Many positive signs on all shares ,except for CHL , which seems to be re-testing a low point ,one hopes .
And , of course the bottom two , which are my highly speculative shares .
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A market tumble in gold has been noted ,this will ensure your stocks will keep gaining over the medium term .
If history itself repeats the expected correction of sorts will be january to march 2014 . That`s when our 4.4 year rule becomes applicable .
As for gold ,the fall will continue expect it to come down to low $1400`s . That would be a good buying investment opportunity . For the long term case for gold still holds water .Especially whilst money printing is still pretty much in fashion.
Happy trading.
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