26 Aug '11, 11am

Markets are Stabalising now

Touch wood, but I note that markets are stabalising now. Especially since the price of gold has plummeted from its highs of well over 1800 USD per ounce, I view this as an indication that people are no longer quite as panicky as they were the last few weeks. I don’t like to guess whether we are already at the bottom or not, because it is almost impossible to get the exact day. Nevertheless, we are probably quite close.

Full article: http://thefinance.sg/2011/08/26/markets-are-stabalising-now/

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