Heinz, Hong Kong is now regurgitating chunky bits (500 points) from post Financial Crisis '98, coughing at 13734 now, and Tokyo did the dry heaves (456 points), now resting at 12171, a 16 year low. Coughing blood cannot be too far off. The pain should be unbearable when hope of quick recovery is dashed. The race to 8000 is on. Looking for the DJIA to catch up.
The physical gold counter at Hang Seng Bank HQ had a 25 minute wait line. Bought one SUV denomination.
Rented a new safe deposit box for newly minted relics. Interest rate is low, so carrying cost not of consequence, especially given that I sleep better, thinking of the Pandas, Eagles, Koalas, and Maples.
Observation, with all the short gold, paper gold, lost gold, jewelry gold, and shuttered mines, there may not be enough to go around unless the central banks double their collective efforts.
Chugs, Jay |
