Wednesday, September 15, 2010

Gold continues bull run

Gold seems to continue bull run after seasonal (summer) weakness. New records have been set in dollar terms..

I have recently bought a bit more gold and more shares of my two favourite gold miners (NEM & ABX). Like anything in my portfolio, I will be steadily adding gold and gold miners to keep their share in my portfolio constant. Currently my target is to allocate 15% to gold and 15% to gold miners. That makes me more of a gold bull than Soros although you have to take quite many zeros off when talking absolute value in dollars ;-)

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