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  • Saut: Sell Financials, Gold; Some Buy Ideas [View article]
    Dropping out of gold with the dollar in free-fall and oil on the up looks a bit foolhardy - especially as the writer agrees with the long term secular bull market argument. Try telling those who missed last week's sudden surge in gold because they had dropped out that this is a solid strategy.
    The thing to do is to stock up on the terribly bombed-out gold junior explorers like LNXGF on the NYSE - the latter jumped 40% last week and these stocks are heavily geared to gold price upside - just as they were on the way down over the summer.
    Sep 23 08:20 am |Rating: 0 0
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