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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: pezz who wrote (6011)5/3/2006 11:51:53 PM
From: TobagoJack   of 217576
 
Hello Pezz, Today's Report:

My broadband at home was down for almost all of yesterday, and for all I know is still down today. I was paralyzed, but not blind, as my CNBC was still operational ... I find the ticker parade soothing, but only if I mute the silly chatter.

I worked from home yesterday, because Monday was a public holiday (Communist May Day) and tomorrow (Friday) is another public holiday (Buddha's birthday), and so I figure best to stay home on Wednesday as well, to mark the mid-point.

Anyhow, I bought more of that secret Aussie hotsie totsie mentioned here Message 22408626 and am not done yet, so must wait to disclose more.

In the meantime, I anguished over whether to take profit on the paper gold trade put on here Message 22331264 and there Message 22294090 . The price of paper gold tael is now at HKD 6318/tael. I so want to pull the trigger to claim my loot. Should I or shouldn't I?

This is precisely why I must have physical gold, to weigh me down, for the long run.

Agonize. Anguish.

I ask myself, how close are we to doomsville?

I ask myself again, what will I sell gold in exchange for?

We are supposed to let the winners run, even if the winner is a mindless lump of metal with no particular utility and has no Board of Directors.

Neah, forget it, I will not pull the trigger, at least not this very morning.

In your spirit of doubling up on a position, I looked into the soul of my portfolio for a similar opportunity, found one candidate, but alas, the position went up a lot without me buying more ;0/

See, here I bought (Note to Taikun David, thank you) two tranches of Aflease investing.reuters.co.uk at ZAR 3.83, the gold + uranium double play Message 21052469 (Feb 16, 2005) and there Message 21160564 (Mar 23rd, 2005) I refused to sell same, It is now at ZAR 5.95. Ok, OK, so it is not a double, but only a 50%-ter, and so we wait a while longer.

Note to Maurice: don't you just adore quarry work ;0)

Chugs, J
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