Market Update

We have entered an unfavourable environment. From Monday,  no new position will be taken, apart from gold securities if they present an investment merit.

End of Quarter Update

We are still in a favourable investment environment holding us 85% equities and 15% in cash. The market environment for precious metal is still positive despite the recent volatility. We continue to hold Gold securities. As usual, we follow a disciplined approach which gives us comfort in our investment decision. We never try to second guessing the market and never rely on forecasts. Our approach is at the juncture of fundamental and technical analysis.

End of Quarter Update

Once again, in 2011 the Hypatia methodology has beaten the ASX 200 Accumulation Index by a nice margin. Of note, it is important to remember that the methodology does NOT use any leverage. This is the result of a robust and disciplined approach which allows us to avoid most of the volatility of the market. In the long run, less volatility means better long term return.
Recently, the market environment has turned positive. We are now 10% equities, 90% in cash, looking to increase our holdings when opportunities appear. We never try to second guessing the market and never rely on forecasts. Our approach is at the juncture of fundamental and technical analysis.

FBU (Australia - ASX) may be time to start accumulating

Market Update

The market has now turned positive which means that we will start to scan the market for investment opportunities. We will accumulate equities only if we find the right candidates. At present our position is still 90% cash and 10% in gold stocks. The environment for precious metal is still positive despite the recent volatility. As usual, we follow a disciplined approach which gives us comfort in our investment decision.

End of Quarter Update

We are still in an unfavourable investment environment holding us 95% in cash and 5% in gold securities. We have been in this position for quite a while now and have avoided the recent volatility in the market. At this juncture, there are some interesting investment opportunities appearing in our radar screen. Following our disciplined approach, we will start slowly taking position in them when the market environment turns positive. That is not yet the case. The market environment for precious metal is definitively still positive despite the recent volatility. We continue to hold Gold securities and look forward increasing our position if we find the right candidate.

Market Update

We are again in an unfavourable environment. This type of whipsaw is not uncommon when the market is experiencing such level of uncertainty. Last week, we did not find any suitable candidate for investment purposes so there has been no change in our portfolio despite the change in market environment. No new position will be taken, apart from gold securities if they present an investment merit.

RSG (Australia - ASX) offering value at this level

Market Update

The market environment has just turned positive. We will scan again the market looking for investment opportunities. It is important to understand that at this stage no change is affecting the portfolio. We are still in a comfortable position holding us 40% cash and 60% equities, from which one third are gold securities reflecting a favourable environment for precious metals.

Market Update

The market environment has turned negative. As a consequence, we will not take any new position until the market turns positive again.
At the present time, our investment position is 50% equities - 50% cash.