The Opening Act

Posted by Peter Grandich -

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Happy Days Are Here Again – right? It certainly won’t be today, or next week or even next month, but rest assured Europe’s woes are far from gone. And remember, I believe its been only  the opening act to an even bigger crisis to come here in the good old U.S.A. While I was short-term bullish going into this week, I began greatly lowering my exposure yesterday and plan on continuing to do so in the days and weeks ahead. I shall likely continue trading and buying into special situations but over time I anticipate being a net seller (This is in equities, not precious metals).