[john kane]

im going to hang on to gold for the mega long term (like years), hopefully it'll pay off. i am a bit worried how much it has shot up recently, correction likely to come, but i know not to bother trying to time the market, it's impossible.

barron, is there a particular currency you'd long over the coming months? i dont really want to do USD/GBP as i already have JPY/USD so i might as well do JPY/GBP. maybe this would be wiser? although i'd kinda like 2 currency positions on the go to balance.

up £5k now from £12k deposited since i started this a few weeks ago. sole reason has been £100 per $1 swing in gold, which has swung up $50. i also had £30 per $1 at a swing up of $25 but that was eroded by northern rock and JPY/USD recently.

fingers crossed it'll keep going well/not plummet back down to evens or worse.