(2)The was a large sell-off from most markets world-wide last month,The fear factor is gathering more momentum.As things got worse the investors each withdrew from third world economies and went for mostly treasuries.How ever now the US IS ALSO SHOWING SIGNS OF FALLING BACK INTO A RECESSION AGAIN
Update dates in brackets above thus- (1) etc.
So now ordiary people are turning to precious metals namely
Gold ,Platinum and Silver.
ETF's are the order of the day,how ever discerning investors are turning to major mining groups that actually can work at a profit.
Most top 40 shares are oversold but as the Euro and Rand weaken there is little chance of a meaningful recovery.
How ever gold shares are on the march!
As always only our opinion,do your own research,we take no respomsibilitynsibility for errors or omissions.
The start of MACD shows that they are only at the their run
Best to take the longest periods and lowest time decay warrants.KEEPALERTS AT 12% AND ALSO STOP-LOSSES AT AT LEAST NO LOWER THAN 17% OR LESS ,AS WARRANTS ARE VOLATILE
7 June STOCH MACD
AMS Bot. Increasing +
IMP Bot. Increasing +
1 June STOCH MACD
ANG TOP +++
GFI TOP +++
HAR TOP ++
