Hello Malcolm, you are right that 3-4:00am is not the best time to receive a shock. Actually, no time is a good time to receive a shock :0)
It is interesting to note the energy royalties' reactions to the spin of rate rise, and it is instructive. We are warned to not be complacent.
I am glad that I am free of my shipping shares and shipping royalties, and am prepared to buy them back should they tank some more due to the Greensputin spew.
Other then buying a starting stake in QQQ which was a part of my plan for the Year of the Monkey, I did nothing, and am of the belief that the Greensputin spin to ameliorate the USD fall will wobble and fall apart shortly.
I am preparing to buy paper gold via massive HKD leverage at about USD 380/oz.
Maurice, in the way that he is simple, believes the biggest bubble ever, followed by, oops, bigger bubbles, have been dealt with and all is already forgiven, with gold ready to sink back to 250 after having reached 500. He is so very wrong.
Chugs, Jay |