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I was shouting commodites 2 years ago,, Made big bets in gold precious metals and they have doubled easuily.. Last autume took a big bet on silver at 6.70 today it stands a little shy of 12 (few months timescale).. On my advise my brother bought a couple 100k of paladium at 270 only a few weeks ago.. 340 now ?? Hes made about 30% (60k) in less than 2 months..
The commodities bull is only new getting into the second phase (bull markets can be broekn down into 3 phases fairly often) and I am very happy with the direction its going...
I am in equities only in mining, exploration, processing.. Everything else equity I have purged.. I do also have some unit trusts that are equity based (oil and far east asia)..
I see commodities a much lower risk profile than equity and with much higher rewards / return potential.. Paul knows I have bent his ear on gold and silver since we first met and its all going just by the playbook now..
Look for dollar devaluation, equity trouble is my bet..
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Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
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