Today China raised interest rate earlier than planned & US economic data came in lower than expected, but all indices are UP.
This is how strong bull markets acts.
Internals are mixed.
Gold UP $14.20
Oil Down 15 cents
Canadian $ Down 25 tick @ 103.57
VIX UP 2.43% @ 16.45
Portfolio is ATML,GG,LULU,SOL,SVM,TZOO,UXG
More stocks are down
@ 12.38 following are UP :
TZOO,LULU,SVM,UXG,GG,AAPL,WYNN,
SINA,PLCM,SLW,AG,FFIV,VMW,CMG,
GOOG,PCLN,AUY,PWRD,AEM.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem,
Our silver and gold (SVM, GG, UXG) are on the rise. TZOO will go to 84. The market behaved like what you has said. No panic selling after China raised the interest rate and Portugal mess that media tried to scare people this morning. Thanks for your blog.
Michael
Hi Michael,
Thanks for your feedback. Much appreciated.
Gold & Silver are in a sustained bull run.....most people are not getting it...which should propel it higher than any number in 3 years.
I am also buying Gold & silver coin from Canadian mint as they are investment grade & .9999% pure.
Saleem
S
Is buying bullion dangerous and storage a problem.
In any event GOLD is still king and going up in value.
It is impressive the move that TZOO is making--yes lets get to $84
YOUR LULU still growing like a weed-wish I had done that ......
Looks like Ireland and Portugal are now in trouble --Bonds in Ireland and portugal is failing fiscal responsibility... ??
SINA BIDU and SOHU are red now
C
Hi C,
Bullion coins are small & is issued in limited quantity worldwide.....the one i have bought are issued in 5000 & 10000
Silver coin quantity was 40,000 worldwide......
I used to be a serious Stamp collector from 1952 to 1980...sepcialized in US,UN & England..but sold it all for downpayment for my first house in Toronto back in 1981.
Yes..LULU keeps giving$$$$
Saleem
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