NAV update. As per 2009 nov 28, 14:53 CET, NAV is 332.87 (NAV consists of balance plus value of open positions. System is using euros as system currency) The NAV in this, the most levered gold and silver system was of course hit high by the 5% crash in silver and big crash in gold, even though they recovered the system lost money trying to stay within leverage limits.
NAV update. As per 2009 dec 05, 23:42 CET, NAV is 159 (NAV consists of cash balance plus value of open positions. System is using euros as system currency) A huge usd rally and commodity correction friday hit the system hard. Correction seems to be over and it is hopefully back to a declining dollar, and rising profits going forward
NAV update. As per 2009 dec 12, 16:35 CET, NAV is 21 (NAV consists of cash balance plus value of open positions. System is using euros as system currency) A huge usd rally and commodity correction friday (again) hit the system hard. Will take quite some renewed usd weakness to win back the big losses.
NAV update. As per 2009 dec 21 04:23 CET, NAV is 33 (NAV consists of cash balance plus value of open positions. System is using euros as a system currency) Dollar continued to strengthen into friday, so we took another round of losses, however silver and gold have rallied late friday and monday so we're up since a week ago.
Few minutes ago, I moved eur 100 from system7 til system2. this was because system2 had sold its only gold poistion of 1 ounce on the gold and silver pullback. after having 100 eur new money to invest it has bought the ouce of gold back again. NAV is now 149 EUR
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