Hello Maurice, comrade, partner, buddy, ... it looks like what was 650 gold is retreating toward 47 qcom, and both armies will crumble under the dead hand that is the FED.
A little set back, and the Bloomberg comes up with such headlines that call for the end of gold kingdom, even as the kingdom was just reborn.
Anyway, the blood letting is severe, for gold, and frightening, for the miners, or as you say, the quarry.
My gold is valued at 600, and so I still have a cushion before having to suffer the fright of mark-to-market on the downside. Was it all a sweet dream? Is there no life after correction? Will vengence be gold's witness? We do not know, so must stay tuned in, even though I am afraid to watch.
The screaming is also terrible.
On university books, like a trade, I got rid of them as fast as I completed each course, using the proceeds to buy steamed clams at Antler's Inn on Thursday nights, and pay for this and that.
Since I gave away my stereo set and music collection, as well as nicknacks and this and that immediately before graduation ceremony, and so left university in a fairly spacious Mazda RX7 2-seater, without much baggage.
Chugs, J |
