Hello Pezz, Today's Report:
Travelling, so leaving command central for a few days, so worried about paper cash in its diseased state, and so decided to further increase wager for the rise of paper gold, a trading derivative of the real taels, exchanging at a rate of HKD 5,732 per tael (1.2oz per tael, HKD 7.76 = USD 1.00).
I added 25% to the earlier bets:
Message 22545112 HKD 5,312 per tael Message 22548045 HKD 5,387 per tael Message 22548339 HKD 5,399 per tael Message 22563352 HKD 5,432 per tael
... averaging up, since the value is SUGUDD-la, seeing how Helicopter Ben BurnAndKaput Bernanke blinked, and how the Japanese officialdom is aiming to sacrifice Japan monetary system to hold J6P up.
If events go the way I expect them to, even micro-caps may be good value, along with just about everything else.
No, I do not expect gold to reach USD 730 before the summer of 2006 is out, but I can hope.
Chugs, J |