Monday, December 5, 2011

Sold out Medtronic (MDT)

Due to a decreasing projected net profit margin for Medtronic (MDT) in the "Value Line" presentation, I sold out the remainder of my position this morning for $36.51, plus a small commission. This represents a tiny profit of about $1 per share.

I continue to be concerned about inflation in the money supply, so gold (GLD) is an option I will always keep on my mind in a world with central banking (5th Plank of "The Communist Manifesto") in the hands of politicians.