Hello EP, I turned on a dime and took what profit remained on the table by lightening up on odd shares I had ( Message 22374060 and Message 22374230 ) simply as a matter of avoiding psychological damage that would paralyze common sense.
For one glorious moment we came closer to the Force of 36,000 gold, and now we are closer to 36,000 Dow. We may get to both, and USD will be naught, and thus got to nowhere (bummer) after all the fuss ;0)
I have also written down my physical gold to 490 (yes, that was 490).
I am not trading out of paper gold/silver, and I am staying extremely steady on non-USD currencies (CAD, AUD, THB, CHF, and Euro).
Now that I am closed out on certain puts, and thus freed of baggage, I am more than enthusiastic to:
(a) Write massive puts (gold / oil / uranium / gas shares) when the time is ripe, which could be soon, and gold share puts could be first
(b) Accumulate more paper / physical gold (this time in US time zone)
(c) As far as I am concerned, nothing has changed in the world and no change is called for in stance toward markets where BS reigns.
I treat the gold downdraft as a gift.
Chugs, Jay |
