Hello Pezz, (EDIT: huff and puff) Hong Kong Front, 1st Euro Corp and 2nd Aussie Brigade Battle Report:
(a) Damage assessment: YTD NAV gain now down to 3.03%
(b) Treasury operations: I just frantically pulled out approximately 50% each (EDIT from these levels last tallied Message 18559470 ) of the Euro 1st Corp and 2nd Ausie Brigade to safe haven HKD (USD equivalent in short elapsed time exposure) @ 1.0716 Euro:USD and @ 1.6978 AUD:USD.
Huge moves for me.
(c) Rationale: Every percentage gain must be defended diligently and decisively, else we expose the next percentage to possible loss.
Moving from exotic expeditionary positions to base currency involves no nominal risk undertaking, and I will redeploy the resultant capital and gains to either gold or back into Euro/AUD as appropriate, as determined by fluid battle conditions, as I dare.
(d) Please pass Note to General Maurice: Maurice, stay put, be perfectly still, in your USD, or, perhaps into the battle, take up read guard positions via futures, options and such exotic tactic, ambush the hoards that may come your way.
(EDIT: pop, fizz, static ...)
Chugs, Jay |
