Hi Pezz, <<Gold>> Yes, it is beautiful as always, except more so than before :0)
And yet, it is still trapped, as long as China/Japan do not pull the plug on the USD, which won't be a while yet, maybe.
Chugs, Jay
Context: Dance of the Speculators Message 19336755 <<September 24th, 2003 Hello Pezz, Today's Report: Sold another two dollops of paper gold at HKD 3556/tael. 18 dollops to go before I run out of paper gold.>>
Message 19381282 <<October 8th, 2003 Hello Pezz, Today's Report: (a) Purchased 8 dollops of paper gold at HKD 3,492/tael (b) Reassigned some HKD troops to AUD-space (c) Transported some HKD troops to Euro-land >>
Message 19419437 <<October 21st, 2003 (b) I shorted a dollop of NEM March Strike 40 Puts at USD 3.90/shr so as to top up the petty cash box, and to keep in practice and stay with tradition. I now hold NEM, and am short covered calls at 40 (Dec + Mar), 45 (Mar), and short puts at 35 (Mar) and 40 (Mar). If I am lucky, NEM will be at 40 on March expiration day :0) >>
Chugs, Jay |