Against the waves. Direction : $10 000 in assets.

The situation in the market is still far from being clear.
Ben Bernanke and his team started a very risky game.
They pump more money in the system which suffers from the disease of easy debt.
It reminds me a doctor who prescribes more drugs to an addict.
In short term it might help, but in the long term it will have a disastrous impact, I`m afraid.

Therefore, I suspect that shares might bounce back a bit and I will wait to bet against bulls. I will try options and futures to speculate.

In January I was on the short side for a while, then I bought some shares of Polish brokerage IDMSA and sold it on Thursday. I write detailed descriptions of my all transactions on my Polish blog.

My current portfolio:

total value 15,920.13 PLN = $6,582

My stockbroker 6,358.13 PLN:

Cerificates 1,236 PLN
Cash 5,121.13 PLN


Silver coins 6,389 PLN

I won`t buy any more. Waiting for two months and then I`ll sell a couple again.


Bank deposits 2,046 PLN


Gold bar 1/2 oz 1,127 PLN

Should gold make a correction movement down, I`ll buy a bit more.

Good luck !