Hi tippet, <<Instead couldn't we just have a string of days of lock limit up on gold??>> <G> let us compromise then, and settle on a rope of months of (a) net withdraw of international and US capital from the homeland, (b) lock limit up on gold, platinum, silver, cobalt, copper, cheese, potatos and tomatos, but not SUV nor servers, (c) mutual fund redemption, and, to add excitement, (d) have a major Canadian gold mining company admit that its reserves are overstated by two Bre-X;0) and will thus be unable to fulfill hedgebook.
... and then we rock to the upside on somethings and tumble to capitulation level on other things, followed by LTBH again, and once more, but at 31% dividend and 4x PE, as in Global Depository Receipt of Hub Power (Pakistan), which, btw, is definitely very close to bottom, or at least more so than GE/AIG/Fannie and Freddie.
Deal;0?
Chugs, Jay |
