So the Euro is going to get bailed out once again. Bernanke will spring into action to prevent the $US from spiking and the currency debasement continues. All eyes on commodities folks and in particular the PM's as they will be driven by this debasement. The Fed already hinted that help is available if the economy starts to slow....well guess what folks.... QE to infinity is coming. The next US employment report &/or Fed meeting will be very interesting I reckon.
PM's and in particular miners are not on everyone's favourites lists at the moment.
AYN's hedge at $33 has turned out to be either a very lucky or shrewd move and has more than likely saved their (& our bacon) I think this Cat has quite a few lives left.
AYN Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held