Headline - Gold Up. Stocks Up. Euro Up. Myanmar - New Frontier.
Last Monday using seasonal strength indicators, commercial interest indicators & seasonal buy singal triggers I made some speculations regarding the market direction as quoted below -
"As the Global markets continue the search for safety from debt contagion in Western economies money continues to move into Bonds, Dollars & Gold. We see a key reversal this week after Black Friday as Global Equities and the Euro get bought."
As ever the media insist on telling people to buy at the top of rallies and to sell at the dips. Using our fundamental seasonal and technical trigger approach we can seperate fact from media fiction. This allows us to invest with a higher degree of probability. As a result over the past week every stock & ETF in our portfolio is up. Our stop losses have been moved to insure guaranteed returns and we still can now enjoy any further upside moves.
There are still a few stocks in our portfolio below our buy price you can still avail of our free trial. This weeks special investor report outlining the opportunities in the markets in the coming months will be published today also.
I made an offer of a 5% discount for any buyers of Gold or Silver before tomorrow or $1750. We got a lovely dip below $1700 and today we are at $1746 so the offer is still open. We may get another short dip between now and mid December but the next 3 months are generally strong for Gold and other select investments in our portfolio.
Finally, I have been telling some of you in private for the last 2 years of the coming Myanmar fund. We were awaiting the restructure of the cabinet after the election last February. The opening of Myanmar is now progressing at light speed and we are excellently placed with a strong network in the country.
The agreed Chinese/Myanmar oil pipeline from the Indian Ocean through Myanmar to Kunming China offers the only alternative for oil trsansportation into China outside of the Straits of Malaccca through Singpaore. This could effect Singapore substantially and is the reason the U.S. are keen to get a foothold in Myanmar. After years of sanctions the U.S. want to do business.
Only a year ago I was in Myanmar and they would not accept my US Dollars as the US sanctions were hurting their economy so much they had no heart for anything U.S.
Myanmar is opening up rapidly.
2000 political prisoners were released a few weeks ago.
Hillary Clinton just became the first U.S. official to visit Myanmar since 1962 when Myanmar was the wealthiest country in Asia. The military clamp down of freedoms and blocking of the currency closed the country off from outside investment for half a century.
As an old friend of mine says "when the guns go down the prices go up'. It happened in Northern Ireland. It happened in Sri Lanka. It is happening now in Myanmar.
Aung San Suu Kyi will leave Myanmar to attend the next World Economic Forum in Davos for the first leaving Myanmar since she arrived in the 90's.
Jim Rogers has said he will be the first to invest in the Myanmar fund. I just got off the phone with him earlier today. We are having him as a keynote speaker at an event here in Singapore in early 2012. The event is focussed on Gold, Commodities, Myanmar, Sri Lanka, Mongolia and other frontier markets. He told me it's perfect timing and investors will make a lot of money. He told me he is personally invested in Sri lanka right now.
Sri Lanka only opened up to outside investors in August 2011 so it is very fresh. There is a great Sri Lankan fund run by a friend of mine in Singapore and backed by Deutsche Bank. The fund was up 60% in 2009. Email me for more info.
I will be in touch again in the coming weeks and months on the progress of the Myanmar fund.
We also have a Gold fund that we are working on I will send more info on that in the coming weeks and months also.
Yours Sinceerly,
Robert McManus
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