I took a large five figure sum off the markets last year. I hovered over a Hargreaves Lansdown brokerage account just after the arse fell out of the markets some weeks back.
I was looking at a solid defensive stock that the analysts were valuing at £33.00 as a ceiling, the shares were at £22.00 when I was tempted, so there was value there alright.
But I don't think this market is right for me. It is too volatile, we're looking at possible inversion of interest rates, governments all over the planet are abandoning austerity and being forced to do so, so all that austerity policy stuff in recent years is now a redundant issue. They are borrowing like a drunk kid with Mom's credit card.
I can't justify being anywhere near this particular roulette wheel.
[/QUOTE What’s your opinion of Gold.