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Calling the Gold Turn…to the Date!

By Callum Newman


Last week for Land Cycle Investor I wrote to you to suggest the following mantra for the Australian stock market.

 

It was this:

“Buy resources on dips, sells banks on rallies.”

 

You can see some of the reasons for that suggestion reading last week’s issue.

 

Another comment from that piece was the following…

 

“The risk versus reward is turning back toward accumulating gold exposure for the long term.”

 

If you did nothing but follow the mainstream news, that’s not likely the conclusion you would’ve been thinking.

 

Here was the headline in Australian Financial Review on Thursday…

 

Calling the Gold Turn…to the Date!

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