Cantjustread

Hi! I hope you are well.

I'm not so sure the market will go on a tear. I'm 90 % in cash having just sold all my gold stocks Thursday and am going to sit on the sidelines for the next month. Sept/Oct is not a traditionally strong time for the markets aside from physical bullion. My belief is that all equities are due for a correction. I don't fall into the camp that believes in a jobless recovery. Life is going to get much tougher for many folks and although gold and other inflation hedges will do well I think all equities will take it on the nose. All my profits went to physical bullion and will patiently wait for the next buying opportunity. Just my opinion. In the meantime like everyone else I wait for Fung to work his magic to get some life installed back in the lifeless corpse that KRY has become!

Cheers and best of luck to you!

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