Hello Pezz, Today's Report:
<<I suspect you have been embolden>> ...
:0) Well I was mildly scared at being 'right' for too long, knowing full well that I will not get what I want, but what I deserve.
Last night, when gold dipped at the opening, I thought, well, gee, what if the crowd is right, the war will not be, the economy will, and printing money does produce wealth?
This morning, I find gold at six-year high, having risen substantially yet again, in one night. I find my NAV is up a solid 100 basis points for 2003.
And so I say, 'I guess I was right after all'.
I roughly figured that there is still 356 days to go yet:0)
I am glad I ignored Maurice's goading on it being time to start unloading gold and to start OD-ing on QCOM.
(a) I will be terminating my staggered time deposits for all currencies today, but keeping existing currency allocation as is, in simple savings deposit without time constraints;
(b) Terminating time deposits will involve loss of interest for the duration of money on deposit. Since all my CDs are staggered and at no more than 30 days, small price to pay;
(c) It is time to prepare for war, and the cash must be mobile and ready to move.
Chugs, Jay |
