One of the most commonly asked questions by subscribers is how to find details of my open traders. In an effort to make it easier I will simply repost the latest summary daily until there is a change. I'll change the title to the date of publication of new details so you will know when the information was provided.
I bought gold silver, platinum and the VanEck Vectors Gold Miners ETF today. I don’t know if this is the low but it is almost certainly a low and I will be prepared to buy more if prices continue down to new lows.
I bought gold at $1501, silver at $12.80, platinum at $660 including spread-bet dealing costs. The VanEck Vectors Gold Miners ETF bought at $20.12 is an investment position.
I opened a short on the 13th in the India’s Nifty Index. It has been a relative strength leader over the last few weeks but is now exhibiting signs of more significant weakness. The country’s under developed medical system, dense population and inability to test people with potential infections represent significant risks to the market.
Moreover, India is prone to occasional crashes and the odds of another are increasing. Any significant pullback will likely create a once-in-a-decade entry point. I opened a short, selling at 9104 including spread-bet dealing costs.Back to top