Hello Pezz, Tonight's Follow-on Report:
I rose out of comfy bed at 4-ish AM in fear, to check on the execution of orders placed a few hours ago, at this juncture Message 22219846 :
I bought these stocks (actually, more like unloaded USD) in effort to catch the last train:
Silver Standard finance.yahoo.com at 17.50 and under
Nevsun Resource finance.yahoo.com at 2.53 and under
Minefinder finance.yahoo.com at 8.25 and under
Golden Star finance.yahoo.com at 3.20-3.25
Metallica finance.yahoo.com at 3.34-3.36
Eldorado finance.yahoo.com at 4.65 and under
Cambior finance.yahoo.com at 3.16 and under
Bema finance.yahoo.com at 4.50 and under
re-entered old flame Yamana finance.yahoo.com at 9.12 and under
added to Pan American finance.yahoo.com at 23.50 and under
... all in effort to flee USD-space as did in past 48 hours, there Message 22219846 and here Message 22215365
I figure your recent buys will rise, due to no inherent merit, but because the measuring currency will be clipped, given to all the usual motivations.
The USD may rise also, due to an interest rate rise or two, before it collapses, because global interest rate will also rise, in which case it will be a reprieve for the USD-holders, allowing more to escape at less cost, via non-USD currency wagers, gold bets and silver speculations, and perhaps even the hotsie-totsies you recently bought.
The view should get interesting soon, one terrible way or another horrible path. I think Japan interest rate rise, should it occur, will prove very loud and extremely cleansing, eventually. The party will soon end.
Chugs, J |