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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (28812)2/20/2003 12:46:58 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Pezz, The Afternoon Report:

I used some of the newly aggregated HKD cash to purchase a wallop of paper gold money, in fact taels and taels of the stuff, enough to raise physical/paper precious metal allocation to 16.4% of gross asset from the 13.4% tallied on February 10th. It is simply such a NToeAwsB.

Gold is steadying in Asia, leading me to suspect that the correction in price is over, and we are back to the original program of edging towards war, first the fear, then the TPonRr, followed by the actuality, and eventually, TeoTwawKi.

I intend to unload some of my paper gold at a trading peak within 4 weeks, and then to patiently accumulate again, for the interim darkness that will be, as all printing presses around the world are busy.

Chugs, Jay
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