One of the requests subscribers have asked for most over the last few years has been to have an easy way to find what positions I have open at any given time. Therefore, I repost this section on a daily basis and the title will always include the date of my most recent trade.
I bought gold today on the belief that the region of the trend mean will continue to offer support and that it has potenital to rally further on continued uncertainty in risk assets. I opened a long in the April contract paying $1320.40 including spread-bet dealing costs.
I opened a long in the March ETFS Nickel contract on November 2nd at $12.613. and continue to hold the position. Medium-term, nickel is the most depressed of the industrial metals so it has potential to play catch-up not least as battery technology continues to improve.
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