Morning Report Tuesday 2 December 2014
Hold on tight: Volatility surges, BUT markets are following my script
I have never received so many questions from our highly engaged subscriber base, yesterday, we witnessed a crash in local commodity stocks e.g. Santos (STO) has fallen 24% in 2 days and this is Australia’s 30th largest stock. The majority of questions I received were not surprisingly around my favourite sector at present, gold, not surprisingly, as opposed to the plummeting oil and iron ore sectors – please keep the questions coming. Yesterday, I told people that I was looking for places to add to my gold holdings and definitely not selling, but I wish I had remembered “fortune favours the brave” and bought more yesterday!
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