Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

So All Our Shares Are Falling - So What?

By Malcolm Stacey

13 February 2016 03:07

More:

Hello Share Trundlers. Having just seen the new film ‘Dad’s Army’, I keep recalling the desperate question ‘Permission to panic. Captain?’ In the case of your share portfolio, I would say ’No’.

Already a member? Sign in

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 13 year archive

• ShareProphets Daily Newsletter

Cancel any time

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

Daniel Victor

13 February 2016, 11:27

I dunno,Malcolm.There’s another school of thought that goes,if you are going to panic,do it before the other people do !
Jimbo

13 February 2016, 18:12

Daniel Victor, the time to do that was last year – particularly at the time Wildrides was really putting the boot into Thierry Laduguie whenever he posted on Shareprophets.

Malcolm, Centamin is going to be highly affected by the World Economy. It’s a Gold Miner, and you don’t get much more macro than Gold. However, I suspect it is one that won’t be keeping you awake at night right now… ;)

Personally, I am looking for the next low in Gold to be a higher low to gain some confidence it has bottomed. If we are now entering a new Gold Bull Market, the battered/obliterated Gold Mining stocks will have an awful long way to run. I will be increasing my exposure once I’m certain the next low in Gold is in, and it’s the higher low I’m looking for. I don’t mind if I do this at higher prices.