Look like rivers of flowing veins
--The Who
Am buying a tranche of commodities today. I particularly like crude right here. Technically, not as overstretched in the near term compared to other commodities. Plus chart looks cup-and-handle-ish.
Also, seems to me that escalating tensions in Middle East may not be adequately priced in.
In any event, I want more exposure to 'real assets' in lieu of the orgy of money printing.
positions in DBC, DBO, RJA
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
1 comment:
Saudi Arabia has gone on the offensive against Iran to protect its interests. Their involvement in Syria is the first battle in what is going to be a long bloody conflict that will know no frontiers or limits.
~Felix Imonti, oilprice.com
Post a Comment