Current areas of interest for me as of 23.04.2012
Gold, Silver and Mining Companies...
Mining stocks have taken a massive hit and are trading down some 20% odd from their highs of early this year
There is a lot of opportunity here, especially in terms of a currency hedge against Dollar Strength in the coming months should the downward market trend continue...
Gold and Silver are the ultimate hedge against inflation and many analysts see the metals trading at their respective 2011 highs by year end, which is makes them fairly cheap at these prices, they have also remained fairly stable amidst all the recent turmoil in the markets and seem to be waiting for a opportunity to establish long term direction shortly...
I will be watch the Spot Price closely.
Its a new year and I am looking to create something a little more up to date and current... Every week I will do an analysis on the market in a Risk On / Risk Off manner using some techniques I have learn't along the way... This does not constitute financial advice. Please contact your broker or financial advisor before engaging in a trade.
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