I was in Paris last weekend the exchange rate of pound to euro made it horribly expensive. Still, the wife was distinctly underwhelmed as by her first visit so there's no need to go back anytime soon.
James. Markets are ruled by unwinding forex positions at the minute. Hedgies going Boom!
Not worth investing right now.
Apparent "manipulation" in every sphere.
In PMs, supply and demand is "out the window". Paper prices from COMEX rule the physical.
Some would argue it's a "stock pickers" time, or "value time" or "bottom-fishing time". Some UK brokers think the bottom is in, in certain sectors.
It is a bear market, and the brokers are wrong.
Stay clear, accept inflation as the lesser of the evils. (Unless Swiss gov't bonds, maybe.)The whiplash can wipe you out, and forced liquidations affect unrelated equities. They are indiscriminate.
I was in Paris last weekend the exchange rate of pound to euro made it horribly expensive. Still, the wife was distinctly underwhelmed as by her first visit so there's no need to go back anytime soon.
ReplyDeleteJames.
ReplyDeleteMarkets are ruled by unwinding forex positions at the minute. Hedgies going Boom!
Not worth investing right now.
Apparent "manipulation" in every sphere.
In PMs, supply and demand is "out the window". Paper prices from COMEX rule the physical.
Some would argue it's a "stock pickers" time, or "value time" or "bottom-fishing time". Some UK brokers think the bottom is in, in certain sectors.
It is a bear market, and the brokers are wrong.
Stay clear, accept inflation as the lesser of the evils. (Unless Swiss gov't bonds, maybe.)The whiplash can wipe you out, and forced liquidations affect unrelated equities. They are indiscriminate.
Wait for calmer waters.
The Dollar is being pumped, lets see where it is in six months?
ReplyDeleteI read all this carefully. So - keep the cash for now?
ReplyDeletekeep the cash for now
ReplyDeleteThat is my philosophy!