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Albert Sung is the author of the Katchum Macro-Economic Blog, monitoring breaking economic news from a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at... More
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  • Trade: Long Gold And Short Europe 0 comments
    Feb 6, 2013 1:30 PM

    In Belgium we have the yearly investors competition called: "Beleggerscompetitie". Of course I'm participating too as "katchum". My standing is currently at position 8752 of 19000 so I'm above average...

    Not that I'm a good trader, but what's interesting about this competition is that you can view the holdings of everyone, including the top 10.

    I will list the top 10 participants' holdings here:

    1) Vanlooy: Gold, Short Europe, Short CAC

    2) Rover45: Gold, RHJ International, Short Europe, Short CAC, Long Oil

    3) ik short dus ik ford: Gold, Short Europe

    4) nicolas 812: Gold, Arcelormittal, Gold Fields, Harmony, Short Europe

    5) harpy: Short Europe, Long Oil

    6) 902314nd: Gold, Bekaert, KPN Koninklijke, Short Europe

    7) astevens: Gold, Short Europe

    8) eulsonced: Short Europe

    9) Fidelski: Adidas, Barco, BASF, RTL Group, Solvac, STmicroelectronics

    10) Houtten: GDF Suez, Harmony, K+S, Royal Imtech, RWE

    It's obvious what they all have in common: Long Gold and Short Europe. Harmony Gold is a possible play here.

    I say follow the professional investors here. I will keep you updated each week.

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